Canadian REIT (REF.UN) Receives Consensus Rating of “Buy” from Analysts
Canadian REIT (TSE:REF.UN) has been assigned an average rating of “Hold” from the eight ratings firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$51.32.
Separately, BMO Capital Markets raised their price objective on Canadian REIT from C$50.00 to C$51.25 and gave the stock a “market perform” rating in a research report on Tuesday, May 9th.
Canadian REIT Company Profile
Canadian Real Estate Investment Trust (the Trust) is a real estate investment trust. The Trust’s primary business objective is to accumulate and aggressively manage a portfolio of real estate assets and deliver the benefits of such real estate ownership to its Unitholders. It operates in three segments: retail, industrial and office.
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