BTB Real Estate Investment Trust (TSE:BTB.UN) Price Target Raised to C$3.35 at National Bankshares

BTB Real Estate Investment Trust (TSE:BTB.UN) had its price target boosted by investment analysts at National Bankshares from C$3.15 to C$3.35 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the real estate investment trust’s stock. National Bankshares’ target price would suggest a potential downside of 2.33% from the stock’s previous close.

BTB Real Estate Investment Trust Price Performance

Shares of BTB.UN stock opened at C$3.43 on Wednesday. The stock’s fifty day simple moving average is C$3.34 and its 200 day simple moving average is C$3.42. BTB Real Estate Investment Trust has a one year low of C$2.93 and a one year high of C$3.78. The firm has a market cap of C$300.06 million, a price-to-earnings ratio of 9.80 and a beta of 1.47. The company has a debt-to-equity ratio of 150.90, a current ratio of 0.16 and a quick ratio of 0.17.

BTB Real Estate Investment Trust Company Profile

BTB is a real estate investment trust listed on the Toronto Stock Exchange. Since 2006, BTB owns and manages properties across Canada. BTB REIT invests in industrial, off-downtown core office and necessity-based commercial properties for the benefit of its investors.