Shares of RioCan Real Estate Investment Trust (TSE:REI.UN - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$20.50.
REI.UN has been the subject of a number of recent analyst reports. Raymond James Financial set a C$20.50 target price on shares of RioCan Real Estate Investment Trust and gave the company an "outperform" rating in a research report on Thursday, July 10th. National Bankshares increased their price target on RioCan Real Estate Investment Trust from C$19.75 to C$21.50 and gave the company an "outperform" rating in a research note on Wednesday.
Read Our Latest Stock Report on REI.UN
RioCan Real Estate Investment Trust Price Performance
Shares of RioCan Real Estate Investment Trust stock opened at C$18.96 on Thursday. The company has a debt-to-equity ratio of 95.37, a current ratio of 0.30 and a quick ratio of 0.08. RioCan Real Estate Investment Trust has a 1-year low of C$15.46 and a 1-year high of C$20.08. The business's fifty day moving average price is C$18.45 and its two-hundred day moving average price is C$17.72. The company has a market capitalization of C$5.59 billion, a P/E ratio of 19.96 and a beta of 1.03.
About RioCan Real Estate Investment Trust
(
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Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada.
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