National Bank Financial Upgrades Primaris Real Estate Investment Trust (TSE:PMZ) to “Hold”

Primaris Real Estate Investment Trust (TSE:PMZ) was upgraded by research analysts at National Bank Financial to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Cibc World Mkts upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, August 2nd. TD Securities upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Thursday, September 5th. Scotiabank upgraded shares of Primaris Real Estate Investment Trust to a “hold” rating in a research report on Friday, June 14th. Finally, Canaccord Genuity Group raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Friday, September 27th. Two research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust (TSE:PMZ) last posted its earnings results on Wednesday, July 31st. The company reported C$0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.40. The firm had revenue of C$120.01 million during the quarter.