Pure Multi-Family REIT (RUF.U) PT Set at C$7.00 by Raymond James

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Pure Multi-Family REIT (CVE:RUF.U) has been assigned a C$7.00 target price by investment analysts at Raymond James in a research report issued to clients and investors on Tuesday. The firm presently has an “outperform” rating on the stock.

Pure Multi-Family REIT has a 1 year low of C$7.07 and a 1 year high of C$9.67.

About Pure Multi-Family REIT

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).

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