RioCan Real Estate Investment Trust (TSE:REI.UN - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$17.83 and traded as high as C$17.97. RioCan Real Estate Investment Trust shares last traded at C$17.90, with a volume of 374,773 shares trading hands.
Analyst Upgrades and Downgrades
REI.UN has been the subject of several analyst reports. Canaccord Genuity Group cut their price target on RioCan Real Estate Investment Trust from C$19.50 to C$19.00 and set a "hold" rating for the company in a research note on Wednesday, May 7th. CIBC cut their price target on RioCan Real Estate Investment Trust from C$22.00 to C$20.00 and set an "outperform" rating for the company in a research note on Wednesday, May 7th. Desjardins cut their price objective on RioCan Real Estate Investment Trust from C$22.00 to C$20.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. TD Securities cut their price objective on RioCan Real Estate Investment Trust from C$23.00 to C$22.00 and set a "buy" rating for the company in a research report on Monday, March 31st. Finally, Raymond James Financial set a C$20.50 price objective on RioCan Real Estate Investment Trust and gave the stock an "outperform" rating in a research report on Thursday, July 10th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, RioCan Real Estate Investment Trust currently has an average rating of "Moderate Buy" and a consensus target price of C$20.30.
Check Out Our Latest Research Report on REI.UN
RioCan Real Estate Investment Trust Stock Up 0.2%
The firm has a market capitalization of C$5.35 billion, a price-to-earnings ratio of 89.15 and a beta of 1.31. The company has a current ratio of 0.30, a quick ratio of 0.08 and a debt-to-equity ratio of 95.37. The firm has a 50 day moving average price of C$17.58 and a two-hundred day moving average price of C$17.81.
RioCan Real Estate Investment Trust Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider RioCan 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 RioCan Real Estate Investment Trust wasn't on the list.
While RioCan Real Estate Investment Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access