Scotiabank Cuts Cominar REIT (CUF.UN) Price Target to C$14.25

Cominar REIT (TSE:CUF.UN) had its target price lowered by equities researchers at Scotiabank from C$14.50 to C$14.25 in a research note issued to investors on Monday. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s target price would suggest a potential upside of 8.53% from the company’s current price.

A number of other research analysts also recently issued reports on CUF.UN. National Bank Financial boosted their price objective on Cominar REIT from C$15.75 to C$16.50 and gave the company an “outperform” rating in a research note on Friday. Desjardins dropped their price objective on Cominar REIT from C$15.00 to C$14.25 in a research note on Friday. Royal Bank of Canada boosted their price objective on Cominar REIT from C$13.50 to C$14.00 in a research note on Monday, November 13th. Canaccord Genuity reissued a “hold” rating and issued a C$14.25 price objective on shares of Cominar REIT in a research note on Sunday, November 12th. Finally, TD Securities dropped their price objective on Cominar REIT from C$15.00 to C$14.00 and set a “hold” rating on the stock in a research note on Friday. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of C$14.58.

Shares of Cominar REIT (TSE:CUF.UN) traded up C$0.20 during trading hours on Monday, hitting C$13.13. The stock had a trading volume of 554,767 shares, compared to its average volume of 506,867. The firm has a market cap of $2,420.00, a P/E ratio of -6.22 and a beta of 0.41. Cominar REIT has a 12 month low of C$11.84 and a 12 month high of C$14.95.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at

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.

Analyst Recommendations for Cominar REIT (TSE:CUF.UN)

Receive News & Ratings for Cominar REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cominar REIT and related companies with's FREE daily email newsletter.

Leave a Reply