Shares of InterRent Real Estate Investment Trust (TSE:IIP.UN - Get Free Report) have received an average recommendation of "Hold" from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$13.29.
A number of research firms have recently weighed in on IIP.UN. Royal Bank Of Canada cut InterRent Real Estate Investment Trust from an "outperform" rating to a "sector perform" rating and lowered their price objective for the stock from C$14.50 to C$13.55 in a research report on Monday, June 9th. Raymond James Financial cut InterRent Real Estate Investment Trust from an "outperform" rating to a "market perform" rating and raised their price objective for the stock from C$13.25 to C$14.00 in a research report on Wednesday, May 28th. BMO Capital Markets raised their price objective on InterRent Real Estate Investment Trust from C$11.50 to C$12.50 in a research report on Thursday, May 22nd. TD Securities cut InterRent Real Estate Investment Trust from a "buy" rating to a "hold" rating and raised their price objective for the stock from C$13.50 to C$14.00 in a research report on Wednesday, May 28th. Finally, CIBC raised their price objective on InterRent Real Estate Investment Trust from C$13.50 to C$14.00 in a research report on Thursday, May 22nd.
Check Out Our Latest Analysis on InterRent Real Estate Investment Trust
InterRent Real Estate Investment Trust Trading Down 0.1%
IIP.UN opened at C$13.35 on Friday. The stock's fifty day moving average is C$12.80 and its two-hundred day moving average is C$11.15. The company has a market capitalization of C$1.97 billion, a P/E ratio of -667.50 and a beta of 1.13. InterRent Real Estate Investment Trust has a 52 week low of C$9.40 and a 52 week high of C$13.80. The company has a quick ratio of 0.04, a current ratio of 0.43 and a debt-to-equity ratio of 63.59.
About InterRent Real Estate Investment Trust
(
Get Free ReportInterRent Real Estate Investment Trust is an open-ended real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. The company operations are carried out through the region of Canada.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider InterRent Real Estate Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and InterRent Real Estate Investment Trust wasn't on the list.
While InterRent Real Estate Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
