RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Has Average Price Target of C$23.81

Key Points

• Analysts rate RioCan “Moderate Buy”: Six of eight analysts recommend buying the stock, while two advise holding it. The average 12-month price target is C$23.81.
• Recent broker updates were generally positive, with RBC and Desjardins raising their targets to C$25.00 and assigning outperform/buy ratings; Scotia and Canaccord maintained more cautious sector perform/hold views.
• RioCan shares opened at C$20.74, below the average analyst target, with a market capitalization of approximately C$6.04 billion. In its latest quarter, the REIT reported C$0.52 in earnings per share and C$304.36 million in revenue.

Shares of RioCan Real Estate Investment Trust (TSE:REI.UN - Get Free Report) have been given an average rating of "Moderate Buy" by the eight analysts that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$23.81.

A number of analysts have recently commented on the company. Royal Bank Of Canada boosted their price objective on RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company an "outperform" rating in a research report on Friday, August 7th. Scotia upped their target price on RioCan Real Estate Investment Trust from C$22.25 to C$22.50 and gave the stock a "sector perform" rating in a research note on Thursday, August 6th. Desjardins increased their target price on RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Finally, Canaccord Genuity Group increased their target price on RioCan Real Estate Investment Trust from C$21.50 to C$22.50 and gave the company a "hold" rating in a research report on Thursday, August 6th.

RioCan Real Estate Investment Trust Price Performance

TSE:REI.UN opened at C$20.74 on Tuesday. The company has a quick ratio of 0.08, a current ratio of 0.30 and a debt-to-equity ratio of 95.37. RioCan Real Estate Investment Trust has a 52 week low of C$18.06 and a 52 week high of C$23.25. The stock's 50-day moving average price is C$20.85 and its 200-day moving average price is C$21.55. The stock has a market capitalization of C$6.04 billion, a PE ratio of 24.12 and a beta of 0.85.

RioCan Real Estate Investment Trust (TSE:REI.UN - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported C$0.52 earnings per share for the quarter. The company had revenue of C$304.36 million during the quarter. RioCan Real Estate Investment Trust had a return on equity of 0.78% and a net margin of 4.86%.

RioCan Real Estate Investment Trust Company Profile

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at June 30, 2026, our portfolio is comprised of 164 properties with an aggregate net leasable area of approximately 31 million square feet (at RioCan's interest).

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