RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Has Consensus Target Price of C$23.81 According to Brokerages

Shares of RioCan Real Estate Investment Trust (TSE:REI.UN) have been assigned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is C$23.84.

Several analysts have recently weighed in on REI.UN shares. Royal Bank Of Canada lifted their target price on shares of RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company an “outperform” rating in a report on Friday, August 7th. National Bank Financial cut their price target on shares of RioCan Real Estate Investment Trust from C$26.50 to C$24.50 and set an “outperform” rating for the company in a report on Wednesday. Scotia raised their price objective on shares of RioCan Real Estate Investment Trust from C$22.25 to C$22.50 and gave the company a “sector perform” rating in a research report on Thursday, August 6th. Desjardins lifted their price objective on RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Canaccord Genuity Group lifted their price objective on RioCan Real Estate Investment Trust from C$21.50 to C$22.50 and gave the company a “hold” rating in a report on Thursday, August 6th.

RioCan Real Estate Investment Trust Stock Performance

Shares of RioCan Real Estate Investment Trust stock opened at C$21.65 on Tuesday. The company has a quick ratio of 0.08, a current ratio of 0.30 and a debt-to-equity ratio of 95.37. RioCan Real Estate Investment Trust has a 52 week low of C$18.06 and a 52 week high of C$23.25. The firm’s 50 day moving average is C$20.84 and its two-hundred day moving average is C$21.58. The firm has a market capitalization of C$6.30 billion, a P/E ratio of 25.17 and a beta of 0.85.

RioCan Real Estate Investment Trust (TSE:REI.UN) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported C$0.52 EPS for the quarter. RioCan Real Estate Investment Trust had a return on equity of 0.78% and a net margin of 4.86%. The business had revenue of C$304.36 million for the quarter.

RioCan Real Estate Investment Trust Company Profile

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at June 30, 2026, our portfolio is comprised of 164 properties with an aggregate net leasable area of approximately 31 million square feet (at RioCan’s interest).