BSR Real Estate Investment Trust (NYSE:BSRT) Stock Bumped Up to Strong-Buy by TD Securities

BSR Real Estate Investment Trust (NYSE:BSRT) was upgraded by analysts at TD Securities to a “strong-buy” rating in a report issued on Tuesday, Zacks reports.

BSR Real Estate Investment Trust Price Performance

BSR Real Estate Investment Trust is a real estate investment trust focused on owning and operating multifamily residential communities in the southern United States. Its portfolio consists primarily of apartment properties serving residents in growing Sun Belt markets.

The trust’s main activities include leasing apartment homes, managing residential communities, and maintaining and improving its properties. Its operations have historically been concentrated in Texas, Oklahoma and Arkansas, with properties located in markets supported by population growth, employment opportunities and demand for rental housing.

BSR REIT was established as a publicly traded real estate investment trust in 2018.