Cominar REIT (CUF.UN) Given a C$13.50 Price Target by BMO Capital Markets Analysts
Cominar REIT (TSE:CUF.UN) has been assigned a C$13.50 target price by BMO Capital Markets in a note issued to investors on Tuesday. The brokerage currently has a “market perform” rating on the real estate investment trust’s stock.
A number of other equities research analysts have also recently commented on CUF.UN. Royal Bank Of Canada lowered their price target on shares of Cominar REIT from C$14.00 to C$13.00 and set a “sector perform” rating on the stock in a report on Tuesday. Scotiabank lowered their price target on shares of Cominar REIT from C$13.75 to C$13.25 and set a “sector perform” rating on the stock in a report on Tuesday. Canaccord Genuity lowered their price target on shares of Cominar REIT from C$14.00 to C$13.00 in a report on Tuesday. CIBC lowered their price target on shares of Cominar REIT from C$14.50 to C$14.00 in a report on Friday, May 12th. Finally, TD Securities lowered their price target on shares of Cominar REIT from C$15.00 to C$14.50 and set a “buy” rating on the stock in a report on Wednesday, July 5th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Cominar REIT currently has an average rating of “Hold” and an average target price of C$13.93.
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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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