Pure Industrial Real Estate Trust (AAR.UN) Lowered to Tender at National Bank Financial

National Bank Financial lowered shares of Pure Industrial Real Estate Trust (CVE:AAR.UN) from an outperform rating to a tender rating in a research note released on Wednesday. National Bank Financial currently has C$8.10 price objective on the stock, up from their previous price objective of C$7.00.

A number of other equities analysts have also commented on the stock. CIBC lifted their price target on shares of Pure Industrial Real Estate Trust from C$7.25 to C$8.10 in a report on Wednesday. Raymond James Financial upgraded shares of Pure Industrial Real Estate Trust from a market perform rating to an outperform rating in a report on Monday.

Shares of Pure Industrial Real Estate Trust (CVE:AAR.UN) remained flat at $C$4.95 during trading on Wednesday. Pure Industrial Real Estate Trust has a fifty-two week low of C$4.26 and a fifty-two week high of C$5.39. The company has a market capitalization of $673.18 and a price-to-earnings ratio of 18.33.

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