H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$9.77 and traded as high as C$10.73. H&R Real Estate Investment Trust shares last traded at C$10.71, with a volume of 351,516 shares traded.
Analysts Set New Price Targets
A number of research firms have recently issued reports on HR.UN. BMO Capital Markets increased their price objective on shares of H&R Real Estate Investment Trust from C$11.00 to C$11.50 in a research note on Thursday, May 22nd. TD Securities upped their target price on H&R Real Estate Investment Trust from C$11.00 to C$11.50 and gave the stock a "buy" rating in a report on Thursday, May 22nd.
Check Out Our Latest Analysis on H&R Real Estate Investment Trust
H&R Real Estate Investment Trust Price Performance
The firm has a market capitalization of C$2.81 billion, a P/E ratio of -13.07 and a beta of 1.98. The stock's fifty day simple moving average is C$9.92 and its 200 day simple moving average is C$9.78. The company has a debt-to-equity ratio of 73.68, a current ratio of 0.31 and a quick ratio of 0.19.
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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