Desjardins Trims H&R Real Estate Investment Trust (HR.UN) Target Price to C$24.00

H&R Real Estate Investment Trust (TSE:HR.UN) had its price target decreased by stock analysts at Desjardins from C$25.00 to C$24.00 in a report issued on Monday. Desjardins’ price objective suggests a potential upside of 12.25% from the company’s previous close.

A number of other research firms also recently weighed in on HR.UN. Scotiabank reaffirmed a “hold” rating and set a C$24.25 price target on shares of H&R Real Estate Investment Trust in a research note on Tuesday, November 14th. Raymond James Financial, Inc. increased their price target on shares of H&R Real Estate Investment Trust from C$22.00 to C$23.00 and gave the stock an “outperform” rating in a research note on Thursday. Canaccord Genuity cut their price target on shares of H&R Real Estate Investment Trust from C$25.50 to C$24.00 and set a “buy” rating on the stock in a research note on Wednesday, November 15th. Royal Bank Of Canada cut their price target on shares of H&R Real Estate Investment Trust from C$25.00 to C$24.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 23rd. Finally, National Bank Financial cut their price target on shares of H&R Real Estate Investment Trust from C$25.00 to C$24.75 and set an “outperform” rating on the stock in a research note on Friday, August 18th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of C$24.41.

H&R Real Estate Investment Trust (TSE HR.UN) traded down C$0.13 during trading hours on Monday, reaching C$21.38. 86,373 shares of the company’s stock were exchanged, compared to its average volume of 370,336. H&R Real Estate Investment Trust has a 12 month low of C$20.17 and a 12 month high of C$23.68.

ILLEGAL ACTIVITY WARNING: “Desjardins Trims H&R Real Estate Investment Trust (HR.UN) Target Price to C$24.00” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark laws. The original version of this story can be accessed at https://www.com-unik.info/2017/11/20/desjardins-trims-hr-real-estate-investment-trust-hr-un-target-price-to-c24-00.html.

H&R Real Estate Investment Trust Company Profile

H&R Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Trust’s primary objectives are to provide unitholders with stable and growing cash distributions, generated by the revenue it derives from a diversified portfolio of income producing real estate assets, and to maximize unit value through ongoing active management of its assets, acquisition of additional properties and the development and construction of projects, which are pre-leased to creditworthy tenants.

Analyst Recommendations for H&R Real Estate Investment Trust (TSE:HR.UN)

What are top analysts saying about H&R 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 H&R Real Estate Investment Trust and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit