Melcor Real Estate Investment Trust (TSE:MR.UN) had its price target lifted by equities research analysts at National Bank Financial from C$9.00 to C$9.50 in a note issued to investors on Friday. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s price objective would suggest a potential upside of 6.03% from the company’s previous close.
Melcor Real Estate Investment Trust (TSE MR.UN) opened at C$8.96 on Friday. Melcor Real Estate Investment Trust has a 52 week low of C$8.17 and a 52 week high of C$9.34.
COPYRIGHT VIOLATION WARNING: “Melcor Real Estate Investment Trust (MR.UN) PT Raised to C$9.50” was published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.com-unik.info/2017/11/05/melcor-real-estate-investment-trust-mr-un-pt-raised-to-c9-50.html.
About Melcor Real Estate Investment Trust
Melcor Real Estate Investment Trust (REIT) is a Canada-based open-ended real estate investment trust. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets and maximize long-term Unit value through active asset and property management, and expand the asset base of the REIT and increase adjusted funds from operations (AFFO) per Unit, primarily through acquisitions and improvement of its properties, including the Initial Properties, through targeted and strategically deployed capital expenditures.
What are top analysts saying about Melcor Real Estate Investment Trust? - 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 Melcor Real Estate Investment Trust and related companies.