Bsr Real Estate Investment Trust (TSE:HOM.U) Given New C$13.00 Price Target at TD Securities

Bsr Real Estate Investment Trust (TSE:HOM.U) had its price target trimmed by TD Securities from C$15.50 to C$13.00 in a report published on Friday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other analysts have also commented on the stock. Royal Bank Of Canada lowered shares of Bsr Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and cut their target price for the company from C$14.50 to C$13.00 in a research note on Friday. National Bank Financial decreased their price target on shares of Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a “sector perform” rating on the stock in a research report on Friday. Desjardins cut their price objective on Bsr Real Estate Investment Trust from C$14.00 to C$13.00 and set a “buy” rating for the company in a research report on Friday. Finally, Scotiabank raised their price objective on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$13.30.

Bsr Real Estate Investment Trust Stock Performance

TSE:HOM.U opened at C$11.50 on Friday. The company has a 50-day moving average of C$12.38 and a 200-day moving average of C$12.25. The firm has a market cap of C$385.32 million, a price-to-earnings ratio of -18.78 and a beta of 0.77. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52. Bsr Real Estate Investment Trust has a twelve month low of C$11.15 and a twelve month high of C$13.58.

Bsr Real Estate Investment Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 16th will be given a $0.0467 dividend. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Saturday, February 28th. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is -91.53%.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.