Pure Multi-Family REIT LP (CVE:RUF.U) had its target price trimmed by Scotiabank from C$7.25 to C$7.10 in a research report sent to investors on Monday. The brokerage currently has an outperform rating on the stock.
RUF.U has been the topic of several other research reports. Royal Bank Of Canada decreased their price target on shares of Pure Multi-Family REIT from C$7.75 to C$7.25 and set an outperform rating on the stock in a research report on Monday, August 14th. Raymond James Financial, Inc. decreased their price target on shares of Pure Multi-Family REIT from C$8.00 to C$7.00 in a research report on Thursday, August 17th. Finally, National Bank Financial decreased their price objective on shares of Pure Multi-Family REIT from C$7.25 to C$7.00 and set an outperform rating for the company in a research note on Friday, August 11th.
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About Pure Multi-Family REIT
Pure Multi-Family REIT LP (Pure Multi) is a Canada-based company, which invests in multi-family real estate properties in the United States. The Company offers investors exposure to the United States multifamily real estate assets. It offers investors the ability to participate in monthly distributions, with potential for capital appreciation, stemming from ownership of quality apartment assets located in core cities within the Southwestern and Southeastern portions of the United States, including states, such as Texas, Arizona, Georgia and Nevada (collectively, the Sunbelt).
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