Cominar REIT (TSE:CUF.UN) had its price target lowered by research analysts at National Bank Financial from C$15.25 to C$15.00 in a note issued to investors on Monday. The firm currently has an “outperform” rating on the real estate investment trust’s stock. National Bank Financial’s target price points to a potential upside of 6.61% from the company’s current price.
Several other research firms have also commented on CUF.UN. Royal Bank Of Canada boosted their price objective on shares of Cominar REIT from C$13.00 to C$13.50 and gave the stock a “sector perform” rating in a research note on Tuesday, September 5th. BMO Capital Markets reissued an “outperform” rating and set a C$15.00 price objective on shares of Cominar REIT in a research note on Tuesday, September 5th. Canaccord Genuity boosted their price objective on shares of Cominar REIT from C$13.00 to C$14.25 in a research note on Monday, August 28th. Scotiabank boosted their price objective on shares of Cominar REIT from C$13.25 to C$14.00 and gave the stock a “sector perform” rating in a research note on Friday, August 25th. Finally, Eight Capital raised shares of Cominar REIT from a “neutral” rating to a “buy” rating in a research note on Tuesday, August 22nd. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$14.43.
Cominar REIT (TSE CUF.UN) traded up C$0.10 during trading hours on Monday, reaching C$14.07. 309,473 shares of the company traded hands, compared to its average volume of 423,819. Cominar REIT has a 1-year low of C$11.84 and a 1-year high of C$15.09.
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Cominar REIT Company Profile
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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