Free Trial

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Stock Passes Above Fifty Day Moving Average - What's Next?

SmartCentres Real Estate Investment Trst logo with Real Estate background

SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$25.51 and traded as high as C$25.64. SmartCentres Real Estate Investment Trst shares last traded at C$25.32, with a volume of 576,833 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. National Bankshares lifted their price target on shares of SmartCentres Real Estate Investment Trst from C$24.00 to C$25.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 22nd. Scotiabank raised their price objective on shares of SmartCentres Real Estate Investment Trst from C$26.00 to C$26.75 in a research note on Monday, May 12th.

Check Out Our Latest Report on SmartCentres Real Estate Investment Trst

SmartCentres Real Estate Investment Trst Stock Up 0.0%

The company's fifty day simple moving average is C$25.53 and its 200-day simple moving average is C$25.14. The firm has a market capitalization of C$3.68 billion, a PE ratio of 15.51 and a beta of 1.25. The company has a debt-to-equity ratio of 80.88, a current ratio of 0.17 and a quick ratio of 0.10.

About SmartCentres Real Estate Investment Trst

(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.

See Also

Should You Invest $1,000 in SmartCentres Real Estate Investment Trst Right Now?

Before you consider SmartCentres Real Estate Investment Trst, 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 SmartCentres Real Estate Investment Trst wasn't on the list.

While SmartCentres Real Estate Investment Trst currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines