National Bank Financial Boosts Summit Industrial Income REIT (SMU.UN) Price Target to C$7.50

Summit Industrial Income REIT (TSE:SMU.UN) had its price target upped by National Bank Financial from C$7.25 to C$7.50 in a research note issued to investors on Tuesday. The firm presently has an “outperform” rating on the stock.

Separately, Canaccord Genuity reaffirmed a “hold” rating and set a C$7.50 price target on shares of Summit Industrial Income REIT in a report on Wednesday, September 6th.

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About Summit Industrial Income REIT

Summit Industrial Income REIT is a Canada-based mutual fund trust. The Trust is involved in the commercial leasing of real estate property with approximately 30 property locations in Ontario, approximately 6 properties across Western Canada, approximately 16 properties in Montreal, and one property in Atlantic Canada.

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