Crombie Real Estate Investment Trust (TSE:CRR.UN) had its price target reduced by analysts at National Bank Financial from C$15.25 to C$15.00 in a research note issued on Tuesday. The firm currently has an “outperform” rating on the stock.
Separately, Scotiabank cut their price objective on Crombie Real Estate Investment Trust from C$15.00 to C$14.75 and set a “sector perform” rating on the stock in a report on Wednesday, August 16th.
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About Crombie Real Estate Investment Trust
Crombie Real Estate Investment Trust is a Canada-based unincorporated open-ended real estate investment trust (REIT). The Trust invests in income-producing retail, office and mixed use properties in Canada. It owns and operates primarily retail and office real estate assets located in Canada. It owns a portfolio of over 280 investment properties in 10 provinces, comprising approximately 19.1 million square feet of gross leasable area (GLA).
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