H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$12.77 and last traded at C$12.49, with a volume of 2620611 shares traded. The stock had previously closed at C$11.99.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the company. BMO Capital Markets increased their price target on H&R Real Estate Investment Trust from C$11.00 to C$11.50 in a research report on Thursday, May 22nd. TD Securities raised their target price on shares of H&R Real Estate Investment Trust from C$11.50 to C$14.50 and gave the stock a "buy" rating in a report on Monday, July 7th. Finally, Scotiabank lifted their target price on shares of H&R Real Estate Investment Trust from C$12.00 to C$14.00 and gave the stock a "sector perform" rating in a research report on Monday, July 7th.
Read Our Latest Research Report on H&R Real Estate Investment Trust
H&R Real Estate Investment Trust Price Performance
The stock has a fifty day simple moving average of C$10.63 and a 200-day simple moving average of C$10.03. The stock has a market cap of C$3.19 billion, a price-to-earnings ratio of -14.85 and a beta of 1.98. The company has a current ratio of 0.31, a quick ratio of 0.19 and a debt-to-equity ratio of 73.68.
About H&R Real Estate Investment Trust
(
Get Free Report)
H&R REIT is one of Canada's largest real estate investment trusts with total post-Primaris spin-off pro forma assets of approximately $10.7 billion. H&R REIT has ownership interests in a North American portfolio comprised of high quality office, industrial, residential and retail properties comprising over 29.4 million square feet post-Primaris spin off.
Further Reading
Before you consider H&R 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 H&R Real Estate Investment Trust wasn't on the list.
While H&R Real Estate Investment Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
