Smart REIT (SRU.UN) PT Lowered to C$35.00 at Scotiabank
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, StockTargetPrices.com 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.
ILLEGAL ACTIVITY WARNING: This piece of content was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/08/14/smart-reit-sru-un-pt-lowered-to-c35-00-at-scotiabank.html.
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.
Receive News & Ratings for Smart REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smart REIT and related companies with MarketBeat.com's FREE daily email newsletter.