CT Real Estate Investment Trust (OTCMKTS:CTRRF) Receives Consensus Recommendation of “Hold” from Analysts

CT Real Estate Investment Trust (OTCMKTS:CTRRF) has been assigned a consensus rating of “Hold” from the six research firms that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of research analysts have recently weighed in on CTRRF shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of CT Real Estate Investment Trust in a report on Wednesday, August 19th. Raymond James Financial raised CT Real Estate Investment Trust to an “outperform” rating in a report on Friday, October 2nd.

CT Real Estate Investment Trust Stock Performance

Shares of CTRRF stock opened at $11.94 on Friday. The business has a fifty day moving average of $12.42 and a 200 day moving average of $12.77. CT Real Estate Investment Trust has a 1 year low of $10.00 and a 1 year high of $13.88.

About CT Real Estate Investment Trust

CT Real Estate Investment Trust (OTCMKTS:CTRRF) is a Canadian real estate investment trust that owns, develops and manages income-producing commercial properties. Its portfolio is primarily focused on retail locations, including properties occupied by Canadian Tire stores, as well as a range of other commercial real estate assets.

The trust was established in 2013 through the transfer of a substantial portfolio of Canadian Tire-related properties into a publicly traded real estate vehicle.