RioCan Real Estate Investment Trust (OTCMKTS:RIOCF)‘s stock had its “buy” rating restated by research analysts at CIBC in a research report issued on Friday, AnalystRatings.com reports.
Separately, Canaccord Genuity restated a “buy” rating and issued a $31.25 target price on shares of RioCan Real Estate Investment Trust in a report on Friday.
Shares of OTCMKTS RIOCF opened at $20.81 on Friday. The firm’s fifty day moving average is $20.67 and its two-hundred day moving average is $20.26. RioCan Real Estate Investment Trust has a 52-week low of $18.08 and a 52-week high of $21.55.
RioCan is one of Canada's largest real estate investment trusts with a total enterprise value of approximately $13.2 billion as at December 31, 2018. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work.
Featured Article: What is a Real Estate Investment Trust (REIT)?
Receive News & Ratings for RioCan Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RioCan Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.