Morguard Real Estate Inv. (TSE:MRT.UN) had its price target lowered by stock analysts at BMO Capital Markets from C$15.25 to C$15.00 in a note issued to investors on Friday.

Several other analysts have also recently issued reports on the company. TD Securities reduced their price objective on Morguard Real Estate Inv. from C$16.50 to C$15.50 and set a “hold” rating on the stock in a research note on Friday, August 4th. Scotiabank reduced their price objective on Morguard Real Estate Inv. from C$16.00 to C$15.00 and set a “sector perform” rating on the stock in a research note on Monday, August 14th. Finally, Royal Bank Of Canada reduced their price objective on Morguard Real Estate Inv. from C$16.00 to C$15.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 9th.

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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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