Morguard Real Estate Inv. (TSE:MRT.UN) had its price objective cut by equities research analysts at Royal Bank Of Canada from C$15.00 to C$14.50 in a research note issued on Friday.

Several other brokerages have also weighed in on MRT.UN. BMO Capital Markets lowered their price objective on Morguard Real Estate Inv. from C$15.25 to C$15.00 in a research report on Friday. Scotiabank lowered their price objective on Morguard Real Estate Inv. from C$16.00 to C$15.00 and set a “sector perform” rating for the company in a research report on Monday, August 14th. Finally, TD Securities lowered their price objective on Morguard Real Estate Inv. from C$16.50 to C$15.50 and set a “hold” rating for the company in a research report on Friday, August 4th.

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About Morguard Real Estate Inv.

Morguard Real Estate Investment Trust (the Trust) is a Canada-based closed-end trust. The Trust’s objective is to accumulate a Canadian portfolio of real estate assets and then manage the portfolio to generate steady, dependable returns to unitholders. It owns a real estate portfolio of approximately 50 commercial properties consisting of approximately nine million square feet of gross leasable area located in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec.

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