Morguard Real Estate Inv. (TSE:MRT.UN) had its target price decreased by TD Securities from C$15.50 to C$15.00 in a research note issued to investors on Friday. The firm currently has a “hold” rating on the stock.

Several other research firms have also commented on MRT.UN. Scotiabank decreased their target price on shares of Morguard Real Estate Inv. from C$16.00 to C$15.00 and set a “sector perform” rating on the stock in a report on Monday, August 14th. Royal Bank Of Canada decreased their target price on shares of Morguard Real Estate Inv. from C$16.00 to C$15.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 9th. Finally, BMO Capital Markets decreased their target price on shares of Morguard Real Estate Inv. from C$16.85 to C$15.25 and set a “market perform” rating on the stock in a report on Wednesday, August 9th.

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Morguard Real Estate Inv. Company Profile

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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