Northern Property Reit Given “Sector Perform” Rating at Scotiabank (NPR.UN)
Northern Property Reit (TSE:NPR.UN)‘s stock had its “sector perform” rating reiterated by equities research analysts at Scotiabank in a research note issued to investors on Wednesday. They currently have a C$31.50 price objective on the stock.
Separately, analysts at Dundee Securities cut their price target on shares of Northern Property Reit from C$29.50 to C$29.00 in a research note on Tuesday, May 20th. They now have a “neutral” rating on the stock. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of C$30.69.
The company also recently announced a Monthly dividend, which is scheduled for Friday, August 15th. Shareholders of record on Friday, August 15th will be given a dividend of $0.1317 per share. This represents a yield of 5.46%. The ex-dividend date of this dividend is Tuesday, July 29th.
Northern Property Real Estate Investment Trust (TSE:NPR) is open-ended real estate investment trust that invests in, and owns a portfolio of residential and commercial income producing properties.
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