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Calloway Real Estate Investment Trust (TSE:CWT.UN) was downgraded by investment analysts at Raymond James from an “outperform” rating to a “market perform” rating in a note issued to investors on Wednesday.

Several other analysts have also recently commented on the stock. Analysts at CIBC raised their price target on shares of Calloway Real Estate Investment Trust from C$27.00 to C$27.50 in a research note on Friday, May 9th. They now have a “sector perform” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Calloway Real Estate Investment Trust from C$24.75 to C$25.75 in a research note on Friday, May 9th. They now have a “hold” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector perform” rating on shares of Calloway Real Estate Investment Trust in a research note on Thursday, May 8th. They now have a C$28.50 price target on the stock. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of C$28.15.

The company also recently announced a dividend, which is scheduled for Monday, June 16th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.1183 per share. The ex-dividend date is Wednesday, May 28th.

Calloway Real Estate Investment Trust (TSE:CWT) is an open-ended mutual fund trust.

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