Flagship Communities Real Estate Investment Trust (TSE:MHC.UN - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$18.75 and last traded at C$25.75, with a volume of 2002 shares traded. The stock had previously closed at C$25.74.
Analysts Set New Price Targets
MHC.UN has been the subject of a number of research analyst reports. Raymond James Financial boosted their price objective on Flagship Communities Real Estate Investment Trust from C$20.75 to C$21.50 and gave the stock a "strong-buy" rating in a report on Thursday, May 22nd. Royal Bank Of Canada lifted their price target on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. TD Securities lifted their price target on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company a "buy" rating in a research report on Thursday, May 22nd. National Bankshares boosted their price objective on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.75 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. Finally, Scotiabank boosted their price objective on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$22.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of C$21.29.
View Our Latest Analysis on Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust Trading Up 1.0%
The firm has a market cap of C$367.64 million, a P/E ratio of 5.52 and a beta of 0.28. The business's fifty day simple moving average is C$24.74 and its 200-day simple moving average is C$22.74.
About Flagship Communities Real Estate Investment Trust
(
Get Free Report)
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.
Read More
Before you consider Flagship Communities Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Flagship Communities Real Estate Investment Trust wasn't on the list.
While Flagship Communities Real Estate Investment Trust currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
