Morguard Real Estate Inv. (TSE:MRT.UN)‘s stock had its “hold” rating reaffirmed by equities research analysts at TD Securities in a report issued on Friday. They presently have a C$16.50 price objective on the stock.

Several other equities analysts have also recently issued reports on MRT.UN. Scotiabank restated a “sector perform” rating and set a C$16.00 price objective on shares of Morguard Real Estate Inv. in a research note on Thursday. Royal Bank of Canada restated a “sector perform” rating and set a C$16.00 price objective on shares of Morguard Real Estate Inv. in a research note on Tuesday, February 21st. Finally, CIBC raised their price objective on Morguard Real Estate Inv. from C$15.50 to C$16.00 in a research note on Friday, February 17th.

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Morguard Real Estate Inv. Company Profile

Morguard Real Estate Investment Trust (the Trust) is a Canada-based closed-end trust. The Trust’s objective is to accumulate a Canadian portfolio of real estate assets and then manage the portfolio to generate steady, dependable returns to unitholders. It owns a real estate portfolio of approximately 50 commercial properties consisting of approximately nine million square feet of gross leasable area located in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec.

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