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Northern Property Reit (TSE:NPR.UN) announced a dividend on Friday, August 15th, Analyst Ratings Network reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.121 per share on Monday, September 15th. The ex-dividend date is Wednesday, August 27th.

A number of research firms have recently commented on NPR.UN. Analysts at CIBC raised their price target on shares of Northern Property Reit from C$31.50 to C$32.00 in a research note on Thursday, August 14th. They now have an “outperform” rating on the stock. On the ratings front, analysts at Canaccord Genuity raised their price target on shares of Northern Property Reit from C$28.00 to C$29.00 in a research note on Thursday, August 14th. They now have a “hold” rating on the stock. Finally, analysts at Scotiabank reiterated a “sector perform” rating on shares of Northern Property Reit in a research note on Wednesday, August 13th. They now have a C$31.50 price target on the stock. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Northern Property Reit has an average rating of “Hold” and a consensus price target of C$30.79.

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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