Cominar REIT (TSE:CUF.UN) had its price objective dropped by Scotiabank from C$13.75 to C$13.25 in a research note issued on Tuesday. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock.

Other equities analysts also recently issued research reports about the company. CIBC cut their price objective on Cominar REIT from C$14.50 to C$14.00 in a research report on Friday, May 12th. Canaccord Genuity cut their price objective on Cominar REIT from C$14.00 to C$13.00 in a research report on Tuesday. TD Securities cut their price objective on 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. BMO Capital Markets cut their price objective on Cominar REIT from C$15.25 to C$14.75 and set a “market perform” rating for the company in a research report on Monday, May 15th. Finally, Royal Bank Of Canada cut their price objective on Cominar REIT from C$14.00 to C$13.00 and set a “sector perform” rating for the company in a research report on Tuesday. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus 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.

Analyst Recommendations for Cominar REIT (TSE:CUF.UN)

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