Shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN – Get Free Report) have been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$26.00.
Several analysts have recently commented on SRU.UN shares. Royal Bank of Canada decreased their target price on SmartCentres Real Estate Investment Trst from C$28.00 to C$27.00 and set an “outperform” rating for the company in a research report on Wednesday, May 15th. Scotiabank lowered their target price on SmartCentres Real Estate Investment Trst from C$25.00 to C$24.50 and set a “sector perform” rating on the stock in a research note on Thursday, May 16th. BMO Capital Markets reduced their price target on shares of SmartCentres Real Estate Investment Trst from C$24.50 to C$23.50 in a research report on Friday, May 17th. CIBC lowered their price objective on shares of SmartCentres Real Estate Investment Trst from C$30.00 to C$28.00 in a research report on Friday, May 10th. Finally, National Bankshares cut their price objective on SmartCentres Real Estate Investment Trst from C$26.00 to C$23.50 and set a “sector perform” rating for the company in a report on Wednesday, April 24th.
Check Out Our Latest Stock Report on SRU.UN
SmartCentres Real Estate Investment Trst Trading Up 0.2 %
SmartCentres Real Estate Investment Trst Company Profile
SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.
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