Canaccord Genuity Cuts Plaza Retail Reit (PLZ.UN) Price Target to C$5.00

Plaza Retail Reit (TSE:PLZ.UN) had its price target lowered by Canaccord Genuity from C$5.25 to C$5.00 in a report released on Monday.

Several other equities research analysts also recently issued reports on the company. BMO Capital Markets reiterated an outperform rating and set a C$5.25 price target on shares of Plaza Retail Reit in a report on Monday, August 21st. Laurentian set a C$5.25 price target on Plaza Retail Reit and gave the stock a buy rating in a report on Thursday, July 27th. Laurentian Bank of Canada reiterated a buy rating and set a C$5.25 price target on shares of Plaza Retail Reit in a report on Thursday, July 27th. Finally, Desjardins upgraded Plaza Retail Reit from a hold rating to a buy rating and set a C$5.25 price target for the company in a report on Thursday, August 17th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Plaza Retail Reit has an average rating of Buy and an average target price of C$5.20.

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