Royal Bank Of Canada Trims Cominar REIT (TSE:CUF.UN) Target Price to C$13.00
Cominar REIT (TSE:CUF.UN) had its price target dropped by analysts at Royal Bank Of Canada from C$14.00 to C$13.00 in a research report issued to clients and investors on Tuesday. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock.
A number of other research firms have also recently commented on CUF.UN. Scotiabank dropped their price target on shares of Cominar REIT from C$15.00 to C$13.75 and set a “sector perform” rating for the company in a research note on Friday, May 19th. TD Securities dropped 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 note on Wednesday, July 5th. BMO Capital Markets lowered their price objective 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 report on Monday, May 15th. Finally, CIBC lowered their price objective on shares of Cominar REIT from C$14.50 to C$14.00 in a research report on Friday, May 12th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of C$13.93.
Cominar REIT Company Profile
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.
Receive News & Ratings for Cominar REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cominar REIT and related companies with MarketBeat.com's FREE daily email newsletter.