BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Trading 0.8% Higher – Still a Buy?

BSR Real Estate Investment Trust (OTCMKTS:BSRTF)’s stock price rose 0.8% on Monday . The stock traded as high as $11.59 and last traded at $11.58. Approximately 5,741 shares were traded during trading, a decline of 74% from the average daily volume of 22,479 shares. The stock had previously closed at $11.4885.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada lowered BSR Real Estate Investment Trust to a “sector perform” rating and set a $13.00 price objective on the stock. in a report on Thursday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, BSR Real Estate Investment Trust presently has an average rating of “Hold” and a consensus target price of $13.00.

BSR Real Estate Investment Trust Stock Performance

The business’s 50 day simple moving average is $12.38 and its 200-day simple moving average is $12.26.

BSR Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States.