Plaza Retail Reit (PLZ.UN) Price Target Cut to C$5.00

Plaza Retail Reit (TSE:PLZ.UN) had its target price reduced by equities research analysts at Canaccord Genuity from C$5.25 to C$5.00 in a note issued to investors on Monday.

A number of other research firms also recently issued reports on PLZ.UN. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$5.25 target price on shares of Plaza Retail Reit in a research report on Monday, August 21st. Desjardins upgraded Plaza Retail Reit from a “hold” rating to a “buy” rating and set a C$5.25 price target for the company in a report on Thursday, August 17th. Laurentian Bank of Canada reiterated a “buy” rating and set a C$5.25 price target on shares of Plaza Retail Reit in a report on Thursday, July 27th. Finally, Laurentian set a C$5.25 price target on Plaza Retail Reit and gave the stock a “buy” rating in a report on Thursday, July 27th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Plaza Retail Reit currently has a consensus rating of “Buy” and a consensus price target of C$5.20.

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