CIBC Boosts Pure Multi-Family REIT (RUF.U) Price Target to C$7.75

Pure Multi-Family REIT (CVE:RUF.U) had its price target boosted by CIBC from C$7.00 to C$7.75 in a research note released on Thursday.

Other analysts have also issued research reports about the stock. Laurentian set a C$6.75 price target on shares of Pure Multi-Family REIT and gave the company a buy rating in a research report on Thursday, March 29th. National Bank Financial raised their price target on shares of Pure Multi-Family REIT from C$6.85 to C$7.90 and gave the company an outperform rating in a research report on Thursday. Finally, Scotiabank dropped their target price on shares of Pure Multi-Family REIT from C$7.10 to C$7.00 and set an outperform rating on the stock in a research report on Friday, March 9th. Five equities research analysts have rated the stock with a buy rating, Pure Multi-Family REIT presently has a consensus rating of Buy and a consensus price target of C$7.11.

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RUF.U stock opened at C$7.20 on Thursday. Pure Multi-Family REIT has a one year low of C$7.07 and a one year high of C$9.67.

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Pure Multi-Family REIT Company Profile

Pure Multi-Family REIT LP (Pure Multi) is a Canada-based company, which invests in multi-family real estate properties in the United States. The Company offers investors exposure to the United States multifamily real estate assets. It offers investors the ability to participate in monthly distributions, with potential for capital appreciation, stemming from ownership of quality apartment assets located in core cities within the Southwestern and Southeastern portions of the United States, including states, such as Texas, Arizona, Georgia and Nevada (collectively, the Sunbelt).

Analyst Recommendations for Pure Multi-Family REIT (CVE:RUF.U)

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