Cominar REIT (TSE:CUF.UN) had its price target lifted by research analysts at Royal Bank Of Canada from C$13.50 to C$14.00 in a report issued on Monday. Royal Bank Of Canada’s price target would suggest a potential downside of 0.28% from the company’s previous close.
Several other brokerages also recently commented on CUF.UN. Eight Capital raised shares of Cominar REIT from a “neutral” rating to a “buy” rating in a research report on Tuesday, August 22nd. BMO Capital Markets reaffirmed an “outperform” rating and set a C$15.00 price objective on shares of Cominar REIT in a research report on Tuesday, September 5th. Canaccord Genuity reduced their price objective on shares of Cominar REIT from C$14.00 to C$13.00 in a research report on Tuesday, August 8th. Scotiabank raised 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 report on Friday, August 25th. Finally, TD Securities raised their price objective on shares of Cominar REIT from C$14.50 to C$15.00 and gave the stock a “buy” rating in a research report on Monday. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of C$14.43.
Shares of Cominar REIT (TSE:CUF.UN) opened at C$14.04 on Monday. Cominar REIT has a 52-week low of C$11.84 and a 52-week 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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