H&R Reit PT Lowered to C$22.15 (HR.UN)
Analysts at Canaccord Genuity reduced their price target on shares of H&R Reit (TSE:HR.UN) from C$24.00 to C$22.15 in a research report issued to clients and investors on Wednesday, American Banking News reports. The firm currently has a “buy” rating on the stock.
A number of other firms have also recently commented on HR.UN. Analysts at RBC Capital cut their price target on shares of H&R Reit (TSE:HR.UN) from C$25.00 to C$24.00 in a research note to investors on Tuesday, August 20th. They now have an “outperform” rating on the stock. Finally, analysts at TD Securities upgraded shares of H&R Reit (TSE:HR.UN) from a “buy” rating to an “action list buy” rating in a research note to investors on Wednesday, July 31st. They now have a C$27.00 price target on the stock, up previously from C$25.00.
One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of C$24.53.
H&R Real Estate Investment Trust (TSE:HR) is an open-ended trust.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.