Plaza Retail Reit (PLZ.UN) Receives Average Recommendation of “Buy” from Brokerages

Plaza Retail Reit (TSE:PLZ.UN) has been given a consensus recommendation of “Buy” by the seven research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$5.04.

A number of brokerages have commented on PLZ.UN. Royal Bank of Canada reduced their price objective on Plaza Retail Reit from C$5.00 to C$4.75 and set an “outperform” rating on the stock in a research note on Monday, November 13th. BMO Capital Markets reduced their price objective on Plaza Retail Reit from C$5.25 to C$5.00 in a research note on Monday, November 20th. Desjardins reduced their price objective on Plaza Retail Reit from C$5.25 to C$5.00 and set a “buy” rating on the stock in a research note on Monday, November 13th. Finally, Canaccord Genuity reduced their price objective on Plaza Retail Reit from C$5.25 to C$5.00 in a research note on Monday, October 30th.

Plaza Retail Reit (TSE:PLZ.UN) opened at C$4.03 on Monday. Plaza Retail Reit has a fifty-two week low of C$3.97 and a fifty-two week high of C$5.18.

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About Plaza Retail Reit

Analyst Recommendations for Plaza Retail Reit (TSE:PLZ.UN)

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