Bsr Real Estate Investment Trust (TSE:HOM.U) Price Target Cut to C$12.50 by Analysts at National Bank Financial

Key Points

• National Bank Financial cut its target for Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and kept a "sector perform" rating, with the new target implying roughly an 8.3% upside from the recent price.
• Analyst views are mixed: TD Securities trimmed its target to C$15.50 (buy) while Scotiabank raised its target to C$15.00 (outperform); the consensus is a Moderate Buy with an average price target of C$13.30 (three buys, two holds).
• Shares trade around C$11.54 (up slightly), below analyst targets and within a 52‑week range of C$11.15–C$13.58; the REIT has a market cap of about C$386.7M, a negative P/E, and a high debt-to-equity (~161.5%), signaling leverage risk.

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) had its target price cut by equities researchers at National Bank Financial from C$13.00 to C$12.50 in a research note issued to investors on Friday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. National Bank Financial's price target suggests a potential upside of 8.32% from the stock's current price.

Other equities analysts also recently issued reports about the company. TD Securities cut their target price on Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set a "buy" rating on the stock in a research report on Friday, December 12th. Scotiabank raised their target price on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the stock an "outperform" rating in a report on Friday, December 12th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of C$13.30.

Bsr Real Estate Investment Trust Stock Up 0.2%

Shares of HOM.U stock traded up C$0.02 during trading hours on Friday, reaching C$11.54. 22,864 shares of the company's stock were exchanged, compared to its average volume of 32,483. The stock's 50 day moving average is C$12.39 and its 200-day moving average is C$12.25. Bsr Real Estate Investment Trust has a fifty-two week low of C$11.15 and a fifty-two week high of C$13.58. The company has a market cap of C$386.66 million, a price-to-earnings ratio of -18.85 and a beta of 0.77. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52.

About Bsr Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.

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