H&R Real Estate Investment Trust (TSE:HR.UN) Given New C$14.00 Price Target at Scotiabank

H&R Real Estate Investment Trust (TSE:HR.UN - Free Report) had its price objective upped by Scotiabank from C$12.00 to C$14.00 in a report issued on Monday morning,BayStreet.CA reports. They currently have a sector perform rating on the real estate investment trust's stock.

Several other research firms have also issued reports on HR.UN. BMO Capital Markets upped 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 price target 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.

H&R Real Estate Investment Trust Trading Down 1.8%

HR.UN traded down C$0.23 during midday trading on Monday, hitting C$12.26. The company's stock had a trading volume of 815,064 shares, compared to its average volume of 597,610. The company has a current ratio of 0.31, a quick ratio of 0.19 and a debt-to-equity ratio of 73.68. H&R Real Estate Investment Trust has a 52-week low of C$8.95 and a 52-week high of C$12.77. The firm has a market cap of C$3.21 billion, a P/E ratio of -14.95 and a beta of 1.98. The firm has a 50-day moving average price of C$10.59 and a two-hundred day moving average price of C$10.00.

H&R Real Estate Investment Trust Company Profile

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.