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SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Price Target Raised to C$26.75

SmartCentres Real Estate Investment Trst logo with Real Estate background

SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Free Report) had its price target boosted by Scotiabank from C$26.00 to C$26.75 in a research report released on Monday,BayStreet.CA reports.

Separately, National Bankshares raised their price objective on shares of SmartCentres Real Estate Investment Trst from C$24.00 to C$25.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th.

Check Out Our Latest Analysis on SRU.UN

SmartCentres Real Estate Investment Trst Price Performance

Shares of SRU.UN stock traded up C$0.26 during trading hours on Monday, reaching C$25.94. The stock had a trading volume of 306,070 shares, compared to its average volume of 323,405. The stock's fifty day simple moving average is C$25.14 and its 200 day simple moving average is C$25.07. The company has a current ratio of 0.17, a quick ratio of 0.10 and a debt-to-equity ratio of 80.88. SmartCentres Real Estate Investment Trst has a 12 month low of C$21.50 and a 12 month high of C$27.50. The firm has a market capitalization of C$3.75 billion, a PE ratio of 15.82 and a beta of 1.25.

SmartCentres Real Estate Investment Trst Company Profile

(Get Free Report)

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.

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