Inovalis Real Estate Investment Trust (TSE:INO.UN) Given “Market Perform” Rating at BMO Capital Markets

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BMO Capital Markets reaffirmed their market perform rating on shares of Inovalis Real Estate Investment Trust (TSE:INO.UN) in a research report sent to investors on Thursday, AnalystRatings.com reports. They currently have a C$10.00 price target on the stock.

Shares of INO.UN stock opened at C$10.04 on Thursday. The company has a debt-to-equity ratio of 121.60, a current ratio of 0.40 and a quick ratio of 0.27. The firm’s 50-day moving average is C$10.07 and its two-hundred day moving average is C$10.15. Inovalis Real Estate Investment Trust has a 12 month low of C$9.12 and a 12 month high of C$10.60. The company has a market capitalization of $228.66 million and a PE ratio of 10.89.

About Inovalis Real Estate Investment Trust

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria.

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