Smart REIT (TSE:SRU.UN) had its price target reduced by stock analysts at Scotiabank from C$36.00 to C$35.00 in a research note issued to investors on Monday, reports. The firm presently has an “outperform” rating on the stock.

SRU.UN has been the topic of a number of other reports. CIBC decreased their target price on shares of Smart REIT from C$36.50 to C$34.00 and set an “outperform” rating on the stock in a research note on Friday. National Bank Financial raised shares of Smart REIT from a “sector perform” rating to an “outperform” rating in a research note on Friday, May 12th. Finally, Canaccord Genuity raised shares of Smart REIT from a “hold” rating to a “buy” rating and set a C$35.50 target price on the stock in a research note on Friday, May 12th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of C$35.10.

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Smart REIT Company Profile

Smart Real Estate Investment Trust is an unincorporated open-ended mutual fund trust. The Trust develops, leases, constructs, owns and manages shopping centers that provide retailers with a platform to reach the customers through convenient locations, designs, and a tenant mix, and provides quality office space for tenants to locate effective workspaces.

Stock Target Prices

Analyst Recommendations for Smart REIT (TSE:SRU.UN)

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