H&R Real Estate Investment Trust (HR.UN) PT Raised to C$26.00 at CIBC

Share on StockTwits

H&R Real Estate Investment Trust (TSE:HR.UN) had its target price upped by stock analysts at CIBC from C$25.00 to C$26.00 in a report released on Thursday, BayStreet.CA reports. CIBC’s target price would indicate a potential upside of 11.35% from the company’s previous close.

HR.UN has been the subject of several other reports. BMO Capital Markets reaffirmed an “outperform” rating and set a C$24.50 price objective on shares of H&R Real Estate Investment Trust in a report on Monday, February 11th. Raymond James reaffirmed a “market perform” rating on shares of H&R Real Estate Investment Trust in a report on Wednesday, February 20th. Royal Bank of Canada upped their price objective on shares of H&R Real Estate Investment Trust from C$22.00 to C$24.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 20th. TD Securities upped their price objective on shares of H&R Real Estate Investment Trust from C$24.00 to C$25.00 and gave the stock a “buy” rating in a report on Tuesday, February 19th. Finally, Desjardins upped their price objective on shares of H&R Real Estate Investment Trust from C$24.00 to C$24.50 in a report on Tuesday, February 19th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of C$25.04.

HR.UN stock traded down C$0.01 during trading hours on Thursday, hitting C$23.35. The company’s stock had a trading volume of 145,829 shares, compared to its average volume of 576,487. The company has a quick ratio of 0.17, a current ratio of 0.56 and a debt-to-equity ratio of 92.77. The company has a market capitalization of $6.63 billion and a price-to-earnings ratio of 11.19. H&R Real Estate Investment Trust has a 12 month low of C$19.74 and a 12 month high of C$23.53.

In other H&R Real Estate Investment Trust news, Senior Officer Larry Froom sold 3,000 shares of the stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of C$23.11, for a total value of C$69,330.00. Also, Senior Officer Cheryl Fried sold 3,755 shares of the stock in a transaction on Friday, March 22nd. The shares were sold at an average price of C$23.27, for a total transaction of C$87,363.83. Over the last three months, insiders sold 117,299 shares of company stock valued at $2,733,328.

About H&R Real Estate Investment Trust

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.7 billion at December 31, 2018. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 42 million square feet.

Further Reading: Why Invest in Dividend Achievers?

Analyst Recommendations for H&R Real Estate Investment Trust (TSE:HR.UN)

Receive News & Ratings for H&R Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&R Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Kimball Electronics  Stock Rating Upgraded by BidaskClub
Kimball Electronics Stock Rating Upgraded by BidaskClub
Peel Hunt Increases Hotel Chocolat Group  Price Target to GBX 365
Peel Hunt Increases Hotel Chocolat Group Price Target to GBX 365
Analyzing PAC BASIN SHIPP/ADR  & Scorpio Bulkers
Analyzing PAC BASIN SHIPP/ADR & Scorpio Bulkers
Lovesac Co  Given Consensus Rating of “Strong Buy” by Brokerages
Lovesac Co Given Consensus Rating of “Strong Buy” by Brokerages
Atara Biotherapeutics  Now Covered by Stifel Nicolaus
Atara Biotherapeutics Now Covered by Stifel Nicolaus
Critical Contrast: MFC Bancorp  and Bancolombia
Critical Contrast: MFC Bancorp and Bancolombia


© 2006-2019 Ticker Report