Smart REIT (SRU.UN) Upgraded by National Bank Financial to Outperform

Smart REIT (TSE:SRU.UN) was upgraded by equities research analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a research note issued to investors on Friday, May 12th.

A number of other research analysts also recently issued reports on the company. Scotiabank raised Smart REIT from a “sector perform” rating to an “outperform” rating and dropped their price objective for the company from C$37.00 to C$36.50 in a research note on Thursday, March 23rd. TD Securities boosted their target price on Smart REIT from C$34.00 to C$35.00 and gave the company a “hold” rating in a research report on Friday, February 17th. Finally, Canaccord Genuity boosted their target price on Smart REIT from C$35.00 to C$35.50 and gave the company a “hold” rating in a research report on Friday, February 17th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of C$36.25.

Analyst Recommendations for Smart REIT (TSE:SRU.UN)

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About Smart REIT

Smart Real Estate Investment Trust is an unincorporated open-ended mutual fund trust. The Trust develops, leases, constructs, owns and manages shopping centers that provide retailers with a platform to reach the customers through convenient locations, designs, and a tenant mix, and provides quality office space for tenants to locate effective workspaces.

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