Shares of Flagship Communities Real Estate Investment Trust (TSE:MHC.UN - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$17.50 and last traded at C$24.47, with a volume of 3802 shares changing hands. The stock had previously closed at C$23.50.
Analyst Ratings Changes
MHC.UN has been the topic of a number of research analyst reports. National Bankshares lifted their target price on Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company an "outperform" rating in a report on Friday, March 14th. Raymond James raised their price objective on Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the stock a "strong-buy" rating in a research note on Friday, March 14th. Finally, Desjardins raised their price target on Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the stock a "buy" rating in a report on Friday, March 14th.
Get Our Latest Research Report on Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust Trading Down 1.0 %
The firm has a market cap of C$336.11 million, a P/E ratio of 5.05 and a beta of 0.28. The firm's 50 day moving average is C$23.19 and its two-hundred day moving average is C$21.68.
About Flagship Communities Real Estate Investment Trust
(
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Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets, all of which are located in The United States. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions.
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