Cominar REIT (TSE:CUF.UN) had its price objective hoisted by equities research analysts at National Bank Financial from C$15.75 to C$16.50 in a research report issued on Friday. The firm presently has an “outperform” rating on the real estate investment trust’s stock. National Bank Financial’s price target suggests a potential upside of 27.61% from the stock’s current price.
A number of other research analysts have also recently commented on the stock. Desjardins decreased their target price on shares of Cominar REIT from C$15.00 to C$14.25 in a research report on Friday. TD Securities cut shares of Cominar REIT from a “buy” rating to a “hold” rating and set a C$15.00 target price on the stock. in a research report on Thursday, December 21st. Royal Bank of Canada upped their target price on shares of Cominar REIT from C$14.00 to C$14.50 and gave the company a “sector perform” rating in a research report on Wednesday, December 20th. Scotiabank upped their target price on shares of Cominar REIT from C$14.25 to C$14.50 and gave the company a “sector perform” rating in a research report on Tuesday, December 19th. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a C$14.25 target price on shares of Cominar REIT in a research report on Sunday, November 12th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of C$14.60.
Cominar REIT (TSE:CUF.UN) opened at C$12.93 on Friday. Cominar REIT has a 1 year low of C$11.84 and a 1 year high of C$14.95. The company has a market cap of $2,390.00, a PE ratio of 10.96 and a beta of 0.41.
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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