Shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$25.91 and last traded at C$25.90, with a volume of 81353 shares changing hands. The stock had previously closed at C$25.57.
Analyst Upgrades and Downgrades
SRU.UN has been the subject of a number of recent analyst reports. Royal Bank of Canada dropped their price objective on SmartCentres Real Estate Investment Trst from C$28.00 to C$27.00 and set an “outperform” rating for the company in a report on Wednesday, May 15th. BMO Capital Markets cut their price target on shares of SmartCentres Real Estate Investment Trst from C$24.50 to C$23.50 in a research report on Friday, May 17th. Scotiabank reduced their price objective on shares of SmartCentres Real Estate Investment Trst from C$25.00 to C$24.50 and set a “sector perform” rating on the stock in a research note on Thursday, May 16th. Finally, CIBC lowered their target price on shares of SmartCentres Real Estate Investment Trst from C$30.00 to C$28.00 in a research note on Friday, May 10th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of C$25.83.
Read Our Latest Research Report on SRU.UN
SmartCentres Real Estate Investment Trst Stock Down 0.1 %
SmartCentres Real Estate Investment Trst Company Profile
SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.
Read More
- Five stocks we like better than SmartCentres Real Estate Investment Trst
- How Technical Indicators Can Help You Find Oversold StocksĀ
- Super Micro Computer Stock: Opportunity Dip on Short Report?
- How to Start Investing in Real Estate
- Expanding Its “Partner Ecosystem” Could Reignite Growth at OKTA
- What is the Shanghai Stock Exchange Composite Index?
- Buy the Dip In NVIDIA, But Be Prepared for Volatility
Receive News & Ratings for SmartCentres Real Estate Investment Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SmartCentres Real Estate Investment Trst and related companies with MarketBeat.com's FREE daily email newsletter.