H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) had its price target raised by stock analysts at Scotiabank from C$12.00 to C$14.00 in a note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has a "sector perform" rating on the real estate investment trust's stock. Scotiabank's target price suggests a potential upside of 15.13% from the stock's current price.
Other equities analysts have also issued reports about the company. TD Securities raised their target price on H&R Real Estate Investment Trust from C$11.00 to C$11.50 and gave the company a "buy" rating in a report on Thursday, May 22nd. BMO Capital Markets upped their target price on shares of H&R Real Estate Investment Trust from C$11.00 to C$11.50 in a research report on Thursday, May 22nd.
Get Our Latest Research Report on HR.UN
H&R Real Estate Investment Trust Trading Down 2.4%
HR.UN traded down C$0.30 during trading on Monday, reaching C$12.16. The company had a trading volume of 1,617,711 shares, compared to its average volume of 565,055. The firm's 50-day simple moving average is C$10.40 and its 200 day simple moving average is C$9.93. The company has a debt-to-equity ratio of 73.68, a quick ratio of 0.19 and a current ratio of 0.31. H&R Real Estate Investment Trust has a 12-month low of C$8.89 and a 12-month high of C$12.75. The company has a market cap of C$3.19 billion, a price-to-earnings ratio of -14.83 and a beta of 1.98.
About H&R Real Estate Investment Trust
(
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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.
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