H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) had its price objective hoisted by equities research analysts at TD Securities from C$11.50 to C$14.50 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage currently has a "buy" rating on the real estate investment trust's stock. TD Securities' price objective points to a potential upside of 16.09% from the company's current price.
Other equities analysts have also recently issued reports about the company. BMO Capital Markets increased their target price on H&R Real Estate Investment Trust from C$11.00 to C$11.50 in a report on Thursday, May 22nd. Scotiabank increased their target price on H&R Real Estate Investment Trust from C$12.00 to C$14.00 and gave the stock a "sector perform" rating in a report on Monday.
View Our Latest Research Report on H&R Real Estate Investment Trust
H&R Real Estate Investment Trust Stock Performance
H&R Real Estate Investment Trust stock traded up C$0.50 during trading hours on Monday, hitting C$12.49. The stock had a trading volume of 2,620,611 shares, compared to its average volume of 595,951. The company has a 50-day moving average of C$10.49 and a two-hundred day moving average of C$9.96. The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68. The company has a market cap of C$3.27 billion, a PE ratio of -15.23 and a beta of 1.98. H&R Real Estate Investment Trust has a fifty-two week low of C$8.90 and a fifty-two week high of C$12.77.
About H&R Real Estate Investment Trust
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H&R REIT is one of Canada's largest real estate investment trusts with total post-Primaris spin-off pro forma assets of approximately $10.7 billion. H&R REIT has ownership interests in a North American portfolio comprised of high quality office, industrial, residential and retail properties comprising over 29.4 million square feet post-Primaris spin off.
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