Shares of Artis Real Estate Investment Trust (TSE:AX.UN) have earned an average recommendation of “Hold” from the nine research firms that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$13.56.

A number of analysts have recently weighed in on the stock. TD Securities boosted their target price on shares of Artis Real Estate Investment Trust from C$14.00 to C$14.50 and gave the stock a “buy” rating in a report on Wednesday, May 10th. Canaccord Genuity downgraded shares of Artis Real Estate Investment Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th. National Bank Financial reduced their target price on shares of Artis Real Estate Investment Trust from C$13.75 to C$13.25 and set a “sector perform” rating on the stock in a report on Monday, July 31st. Royal Bank Of Canada boosted their target price on shares of Artis Real Estate Investment Trust from C$13.50 to C$14.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 10th. Finally, Scotiabank boosted their target price on shares of Artis Real Estate Investment Trust from C$13.50 to C$14.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 10th.

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Artis Real Estate Investment Trust Company Profile

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.

Analyst Recommendations for Artis Real Estate Investment Trust (TSE:AX.UN)

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