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.
COPYRIGHT VIOLATION WARNING: This article was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this article on another site, it was illegally stolen and reposted in violation of US and international copyright law. The original version of this article can be read at https://www.com-unik.info/2017/06/17/smart-reit-sru-un-upgraded-by-national-bank-financial-to-outperform-updated-updated-updated.html.
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.
What are top analysts saying about Smart REIT? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Smart REIT and related companies.