H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$10.49 and traded as high as C$11.96. H&R Real Estate Investment Trust shares last traded at C$11.91, with a volume of 286,362 shares traded.
Wall Street Analyst Weigh In
HR.UN has been the topic of a number of recent research reports. TD Securities reduced their price objective on H&R Real Estate Investment Trust from C$14.50 to C$14.00 and set a "buy" rating on the stock in a research note on Tuesday, July 29th. Scotiabank boosted their price target on 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 note on Monday, July 7th. BMO Capital Markets boosted their price target on H&R Real Estate Investment Trust from C$11.00 to C$11.50 in a research note on Thursday, May 22nd. Finally, Royal Bank Of Canada boosted their price target on H&R Real Estate Investment Trust from C$11.50 to C$13.50 and gave the stock an "outperform" rating in a research note on Friday, August 15th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of C$13.25.
View Our Latest Report on HR.UN
H&R Real Estate Investment Trust Price Performance
The business has a 50-day moving average price of C$11.61 and a 200 day moving average price of C$10.57. The company has a market cap of C$3.14 billion, a price-to-earnings ratio of -14.60 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
(
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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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