H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$10.47 and traded as high as C$11.19. H&R Real Estate Investment Trust shares last traded at C$11.11, with a volume of 477,322 shares changing hands.
Analyst Upgrades and Downgrades
Separately, National Bank Financial set a C$12.00 price target on shares of H&R Real Estate Investment Trust and gave the company an “outperform” rating in a research note on Monday, April 20th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$12.00.
Check Out Our Latest Stock Report on HR.UN
H&R Real Estate Investment Trust Trading Up 0.4%
H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The real estate investment trust reported C($0.12) EPS for the quarter. H&R Real Estate Investment Trust had a negative return on equity of 4.16% and a negative net margin of 20.83%.The company had revenue of C$184.25 million for the quarter. As a group, research analysts expect that H&R Real Estate Investment Trust will post 1.3814956 earnings per share for the current fiscal year.
H&R Real Estate Investment Trust Company Profile
H&R REIT is one of Canada’s largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 21.3 million square feet.
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