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article Friday's analyst upgrades and downgrades Darcy, Keith . The Globe and Mail (Online) , Toronto: The Globe and Mail. Nov 25, 2022. ProQuest document
article
Friday's analyst upgrades and downgrades Darcy, Keith . The Globe and Mail (Online) , Toronto: The Globe and Mail. Nov 25, 2022. ProQuest document link FULL TEXT Inside the Market's roundup of some of today's key analyst actions Allied Properties REIT's (AP-UN-T) decision to explore the potential sale of its urban data centre (UDC) portfolio located in downtown Toronto "is a significant opportunity to surface value for unitholders," said Canaccord Genuity analyst Mark Rothschild. The UDC portfolio comprises three properties, which generated $62.6 million in annualized net operating income during the third quarter of this year, equating to 16 per cent of total net operating income for the REIT. "There is no guarantee that a sale will occur but considering the REIT's unit price and the attractiveness of these assets, we believe there is a good chance a transaction takes place," said Mr. Rothschild. "Should the REIT sell its UDC portfolio, management will have various opportunities to redeploy capital, including repurchasing units, a special distribution and the repayment of debt. With the REIT's units currently trading at a 48.8% discount to its most recently disclosed IFRS net asset value, repurchasing units could be highly accretive." He maintained a "buy" rating and C$35.50 target price, which is based on a slight discount to his net asset value estimate on the REIT. Mr. Rothschild believes the sale of the portfolio will largely depend on the strength of the offers received, as management has generally been bullish on this segment of its portfolio and financial performance from the assets has been strong. iA Capital Markets analyst Gaurav Mathur, who reaffirmed a C$38 price target and "buy" rating, said he believes the REIT would benefit the most by divesting a non-controlling stake in the assets through a joint venture structure. That would allow Allied to unlock liquidity while partnering with a strategic partner with strong operating experience. "A strong strategic partner could also potentially add to the UDC platform, not only in terms of operations but also with regard to expansion in new markets," Mr. Mathur said. Read more: Allied Properties REIT explores selling assets worth $1.3-billion to ease debt woes after interest rates soar
question :-
1. Find a recent (within last one month) article in a well know periodical, i.e., Globe and Mail, about a private sector firm in Canada that would relate to at least two concepts of monopoly and oligopoly from the article. Make sure to provide a link in your post. 2. Read and Make a short bullet-list summary of the article. 3.Relate this article to at least two concepts of monopoly and oligopoly. 4.Provide economic analysis of the key points in your article with appropriate graphs - Use the Economics in the News features in your textbook as models . (Instructions to draw and post the graphs are included in the attached document). 5.Make sure to read the "discussion panel rubric" attached here and follow the requirements for a post on discussion board 6.Please enter your answers/response into the message box directly (do not attach files). Typing response in a word document and copying and pasting it in the response box works the best 7.After posting your thread, comment on at least one (1-2) other threads to qualifyforagrade.
note :-
please read the article and answer the question.
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