Flagship Communities Real Estate Investment Trust (TSE:MHC.UN - Get Free Report)'s share price reached a new 52-week high on Friday . The company traded as high as C$17.50 and last traded at C$24.47, with a volume of 3802 shares traded. The stock had previously closed at C$23.50.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on MHC.UN. Raymond James lifted their price objective on shares of 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 report on Friday, March 14th. National Bankshares raised their price objective on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the stock an "outperform" rating in a research report on Friday, March 14th. Finally, Desjardins lifted their price objective on shares of Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the company a "buy" rating in a research report on Friday, March 14th.
Check Out Our Latest Analysis on Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust Trading Up 6.2 %
The stock has a market capitalization of C$352.79 million, a price-to-earnings ratio of 5.30 and a beta of 0.28. The business has a 50 day simple moving average of C$23.04 and a 200-day simple moving average of C$21.61.
Flagship Communities Real Estate Investment Trust Company Profile
(
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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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