Royal Bank of Canada Reaffirms “Sector Perform” Rating for Pure Multi-Family REIT (OTCMKTS:PMULF)

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Royal Bank of Canada reissued their sector perform rating on shares of Pure Multi-Family REIT (OTCMKTS:PMULF) in a research report released on Tuesday morning, BenzingaRatingsTable reports.

Several other analysts have also issued reports on the company. CIBC reissued a hold rating on shares of Pure Multi-Family REIT in a report on Friday, August 9th. BMO Capital Markets lowered Pure Multi-Family REIT from an outperform rating to a market perform rating in a report on Thursday, August 8th.

PMULF opened at $7.46 on Tuesday. Pure Multi-Family REIT has a 52-week low of $4.62 and a 52-week high of $8.80. The business’s fifty day moving average is $7.48 and its 200-day moving average is $6.87.

About Pure Multi-Family REIT

Pure Multi-Family is a Canadian based, publicly traded vehicle which offers investors exclusive exposure to attractive, institutional quality U.S. multi-family real estate assets.

Further Reading: How to find the components of the quick ratio

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