Granite Real Estate Investment Trust (TSE:GRT.UN – Get Free Report) (NASDAQ:GRP.U) had its price target reduced by equities researchers at TD Securities from C$90.00 to C$88.00 in a research note issued to investors on Wednesday, BayStreet.CA reports. TD Securities’ price objective indicates a potential upside of 26.87% from the stock’s current price.
A number of other equities research analysts have also commented on the company. Raymond James upped their price target on Granite Real Estate Investment Trust from C$90.00 to C$91.00 and gave the company a “strong-buy” rating in a research report on Monday, January 8th. BMO Capital Markets increased their target price on shares of Granite Real Estate Investment Trust from C$81.00 to C$84.00 in a research report on Monday, March 4th. Desjardins boosted their price target on shares of Granite Real Estate Investment Trust from C$84.00 to C$87.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. Laurentian increased their price objective on shares of Granite Real Estate Investment Trust from C$80.00 to C$90.00 and gave the stock a “buy” rating in a research report on Monday, January 22nd. Finally, National Bankshares boosted their target price on shares of Granite Real Estate Investment Trust from C$83.00 to C$87.00 and gave the company an “outperform” rating in a report on Monday, January 29th. Seven analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$87.33.
View Our Latest Research Report on Granite Real Estate Investment Trust
Granite Real Estate Investment Trust Trading Down 0.5 %
Granite Real Estate Investment Trust Company Profile
Granite is a Canadian based REIT engaged in the acquisition, development, ownership and management of industrial, warehouse and logistics properties in North America and Europe. Granite owns over 85 investment properties representing approximately 34 million square feet of leasable area.
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