Cominar REIT (CUF.UN) Given Average Recommendation of “Hold” by Brokerages
Shares of Cominar REIT (TSE:CUF.UN) have received an average rating of “Hold” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$14.54.
Several research firms recently weighed in on CUF.UN. CIBC dropped their target price on shares of Cominar REIT from C$14.50 to C$14.00 in a report on Friday, May 12th. Scotiabank lowered their target price on shares of Cominar REIT from C$14.50 to C$14.00 in a research note on Friday, May 12th. Royal Bank Of Canada lowered their target price on shares of Cominar REIT from C$15.00 to C$14.00 and set a “sector perform” rating for the company in a research note on Monday, May 15th. BMO Capital Markets lowered their target price on shares of Cominar REIT from C$15.25 to C$14.75 and set a “market perform” rating for the company in a research note on Monday, May 15th. Finally, TD Securities reduced their price target on shares of Cominar REIT from C$15.00 to C$14.50 and set a “buy” rating for the company in a research report on Wednesday, July 5th.
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About Cominar REIT
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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