Separately, Laurentian reaffirmed a buy rating and set a C$55.00 target price on shares of Mainstreet Equity in a research report on Monday, February 4th.
Shares of Mainstreet Equity stock opened at C$44.00 on Friday. The firm has a market cap of $388.62 million and a PE ratio of 5.59. The company has a current ratio of 0.07, a quick ratio of 0.01 and a debt-to-equity ratio of 133.24. Mainstreet Equity has a 12-month low of C$39.25 and a 12-month high of C$48.97.
About Mainstreet Equity
Mainstreet Equity Corp., a real estate corporation, engages in the acquisition, divestiture, value-enhancement, and management of multi-family residential properties primarily in Western Canada. The company owns a portfolio of mid-market rental apartment buildings in Vancouver lower mainland, Calgary and Southern Alberta, Edmonton, Regina, and Saskatoon.
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