Shares of H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 changing hands.
Analysts Set New Price Targets
HR.UN has been the topic of a number of recent research reports. TD Securities raised their price objective on H&R Real Estate Investment Trust from C$11.00 to C$11.50 and gave the company a "buy" rating in a research note on Thursday, May 22nd. BMO Capital Markets boosted their target price on H&R Real Estate Investment Trust from C$11.00 to C$11.50 in a research note on Thursday, May 22nd.
Read Our Latest Report on H&R Real Estate Investment Trust
H&R Real Estate Investment Trust Stock Up 1.2%
The company's fifty day simple moving average is C$9.89 and its 200 day simple moving average is C$9.77. The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68. The firm has a market capitalization of C$2.81 billion, a PE ratio of -13.06 and a beta of 1.98.
H&R Real Estate Investment Trust Company Profile
(
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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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