Cominar REIT (TSE:CUF.UN) had its price target hoisted by TD Securities from C$14.50 to C$15.00 in a research note published on Monday. TD Securities currently has a buy rating on the real estate investment trust’s stock.
Other equities research analysts also recently issued reports about the company. BMO Capital Markets restated an outperform rating and set a C$15.00 price target on shares of Cominar REIT in a research note on Tuesday, September 5th. Canaccord Genuity cut their price target on Cominar REIT from C$14.00 to C$13.00 in a research note on Tuesday, August 8th. Royal Bank Of Canada boosted their price target on Cominar REIT from C$13.00 to C$13.50 and gave the company a sector perform rating in a research note on Tuesday, September 5th. Scotiabank cut their price target on Cominar REIT from C$13.75 to C$13.25 and set a sector perform rating for the company in a research note on Thursday, August 17th. Finally, Laurentian Bank of Canada restated a buy rating and set a C$14.50 price target on shares of Cominar REIT in a research note on Wednesday, September 27th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Cominar REIT has an average rating of Buy and an average target price of C$14.43.
Cominar REIT (TSE CUF.UN) traded down C$0.03 during midday trading on Monday, reaching C$14.05. The company had a trading volume of 155,015 shares, compared to its average volume of 423,064. Cominar REIT has a 52 week low of C$11.84 and a 52 week high of C$15.09.
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About Cominar REIT
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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