H&R Real Estate Investment Trust (TSE:HR.UN) PT Set at C$12.00 by National Bank Financial

H&R Real Estate Investment Trust (TSE:HR.UN) has been given a C$12.00 price objective by research analysts at National Bank Financial in a note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. National Bank Financial’s price objective would indicate a potential upside of 16.39% from the company’s current price.

Separately, TD Securities dropped their price objective on H&R Real Estate Investment Trust from C$12.00 to C$11.50 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$12.00.

H&R Real Estate Investment Trust Stock Down 1.9%

Shares of HR.UN traded down C$0.20 during trading hours on Monday, hitting C$10.31. The stock had a trading volume of 484,939 shares, compared to its average volume of 615,558. The company has a debt-to-equity ratio of 73.68, a current ratio of 0.31 and a quick ratio of 0.19. The firm has a 50 day simple moving average of C$10.29 and a 200-day simple moving average of C$10.59. The firm has a market capitalization of C$2.73 billion, a P/E ratio of -3.42 and a beta of 0.68. H&R Real Estate Investment Trust has a 1-year low of C$9.39 and a 1-year high of C$12.77.

H&R Real Estate Investment Trust (TSE:HR.UN) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported C($1.19) EPS for the quarter. The company had revenue of C$203.75 million 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%. Sell-side analysts predict that H&R Real Estate Investment Trust will post 1.3814956 EPS for the current fiscal year.

About H&R Real Estate Investment Trust

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.