Plaza Retail REIT (PLZ.UN) Receives Market Perform Rating from Raymond James

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Raymond James reissued their market perform rating on shares of Plaza Retail REIT (TSE:PLZ.UN) in a report released on Wednesday morning, BayStreet.CA reports.

PLZ.UN has been the topic of a number of other reports. BMO Capital Markets reissued a market perform rating and set a C$4.50 price target on shares of Plaza Retail REIT in a research report on Monday, February 11th. Canaccord Genuity raised their price target on shares of Plaza Retail REIT to C$4.50 and gave the company a hold rating in a research report on Thursday, February 28th.

Shares of TSE PLZ.UN traded down C$0.04 during mid-day trading on Wednesday, reaching C$4.13. 4,099 shares of the company’s stock traded hands, compared to its average volume of 91,926. Plaza Retail REIT has a 1-year low of C$3.88 and a 1-year high of C$5.03.

Plaza Retail REIT Company Profile

Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.

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