Cominar REIT (CUF.UN) Receives Average Rating of “Buy” from Analysts
Shares of Cominar REIT (TSE:CUF.UN) have been assigned an average rating of “Buy” from the eleven ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$14.45.
Several research analysts have recently weighed in on the stock. Royal Bank Of Canada boosted their price target on shares of Cominar REIT from C$13.00 to C$13.50 and gave the company a “sector perform” rating in a research report on Tuesday, September 5th. Canaccord Genuity boosted their price target on shares of Cominar REIT from C$13.00 to C$14.25 in a research report on Monday, August 28th. Scotiabank lowered their price target on shares of Cominar REIT from C$13.75 to C$13.25 and set a “sector perform” rating on the stock in a research report on Tuesday, August 8th. BMO Capital Markets set a C$13.50 price target on shares of Cominar REIT and gave the company a “market perform” rating in a research report on Tuesday, August 8th. Finally, Laurentian set a C$14.50 price target on shares of Cominar REIT and gave the company a “buy” rating in a research report on Wednesday, September 27th.
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Cominar REIT Company Profile
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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