BTB Real Estate Investment Trust (TSE:BTB.UN – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.99 and traded as low as C$3.72. BTB Real Estate Investment Trust shares last traded at C$3.77, with a volume of 144,861 shares trading hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group lowered shares of BTB Real Estate Investment Trust from a “buy” rating to a “hold” rating and set a C$4.25 price target on the stock. in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of C$3.88.
Get Our Latest Stock Analysis on BTB.UN
BTB Real Estate Investment Trust Stock Up 1.3%
BTB Real Estate Investment Trust (TSE:BTB.UN – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The real estate investment trust reported C$0.09 EPS for the quarter. BTB Real Estate Investment Trust had a net margin of 24.50% and a return on equity of 6.58%. The business had revenue of C$31.96 million for the quarter. Analysts forecast that BTB Real Estate Investment Trust will post 0.3997773 EPS for the current year.
About BTB Real Estate Investment Trust
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 72 properties, representing a total leasable area of approximately 6 million square feet. People and their stories are at the heart of our success.
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