Slate Grocery REIT (TSE:SGR.UN – Free Report) had its target price lowered by Royal Bank of Canada from C$9.50 to C$9.00 in a report released on Monday morning, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock.
A number of other research firms have also commented on SGR.UN. CIBC reduced their target price on Slate Grocery REIT from C$9.75 to C$9.50 and set a neutral rating for the company in a report on Thursday, May 2nd. Scotiabank reduced their price objective on shares of Slate Grocery REIT from C$9.50 to C$9.00 and set a sector perform rating on the stock in a research report on Thursday, May 2nd. Finally, Raymond James reduced their price target on shares of Slate Grocery REIT from C$10.00 to C$9.00 and set a market perform rating on the stock in a report on Wednesday, April 24th.
Check Out Our Latest Report on SGR.UN
Slate Grocery REIT Stock Performance
About Slate Grocery REIT
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.
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