Brokers Set Expectations for Canadian REIT’s FY2019 Earnings (REF)

Canadian REIT (TSE:REF) – Research analysts at Raymond James Financial issued their FY2019 earnings per share (EPS) estimates for shares of Canadian REIT in a report released on Monday. Raymond James Financial analyst J. Rodrigues forecasts that the company will earn $3.34 per share for the year.

Canadian REIT (TSE:REF) traded up C$0.11 during trading on Wednesday, hitting C$44.79. The company’s stock had a trading volume of 154,828 shares, compared to its average volume of 80,742. The company has a market cap of $3,290.00, a price-to-earnings ratio of 18.28 and a beta of 0.37. Canadian REIT has a twelve month low of C$44.21 and a twelve month high of C$50.71.

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Canadian REIT Company Profile

Canadian Real Estate Investment Trust (the Trust) is a real estate investment trust. The Trust’s primary business objective is to accumulate and aggressively manage a portfolio of real estate assets and deliver the benefits of such real estate ownership to its Unitholders. It operates in three segments: retail, industrial and office.

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