Plaza Retail Reit (PLZ.UN) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Plaza Retail Reit (TSE:PLZ.UN) have been given a consensus rating of “Buy” by the seven analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$5.20.

A number of analysts have commented on PLZ.UN shares. Laurentian set a C$5.25 price objective on Plaza Retail Reit and gave the company a “buy” rating in a research report on Thursday, July 27th. Laurentian Bank of Canada restated a “buy” rating and issued a C$5.25 price objective on shares of Plaza Retail Reit in a research report on Thursday, July 27th. Canaccord Genuity reduced their price objective on Plaza Retail Reit from C$5.25 to C$5.00 in a research report on Monday, October 30th. BMO Capital Markets restated an “outperform” rating and issued a C$5.25 price objective on shares of Plaza Retail Reit in a research report on Monday, August 21st. Finally, Desjardins upgraded Plaza Retail Reit from a “hold” rating to a “buy” rating and set a C$5.25 price objective on the stock in a research report on Thursday, August 17th.

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Plaza Retail Reit (PLZ.UN) opened at C$4.35 on Friday. Plaza Retail Reit has a 1-year low of C$4.27 and a 1-year high of C$5.18.

Plaza Retail Reit Company Profile

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