Canaccord Genuity Lowers InterRent REIT Price Target to C$7.15 (IBVA)

Research analysts at Canaccord Genuity dropped their target price on shares of InterRent REIT (FRA: IBVA) from C$7.40 to C$7.15 in a report released on Wednesday, StockRatingsNetwork.com reports.

IBVA has been the subject of a number of other recent research reports. Analysts at Raymond James raised their price target on shares of InterRent REIT from C$6.50 to C$7.00 in a research note to investors on Wednesday, May 15th. They now have a “strong-buy” rating on the stock. Separately, analysts at Dundee Securities raised their price target on shares of InterRent REIT from €7.25 ($9.42) to €7.75 ($10.06) in a research note to investors on Monday, May 6th. They now have a “buy” rating on the stock. Finally, analysts at TD Securities initiated coverage on shares of InterRent REIT in a research note to investors on Thursday, April 11th. They set a “hold” rating and a €5.32 ($6.91) price target on the stock.

InterRent REIT (FRA: IBVA) remained flat at €4.762 during trading on Wednesday. InterRent REIT has a 52-week low of €3.198 and a 52-week high of €4.933. The stock’s 50-day moving average is currently €4.19.

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