SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report) had its price target decreased by research analysts at Scotiabank from C$25.00 to C$24.50 in a report issued on Thursday, BayStreet.CA reports. The firm currently has a "sector perform" rating on the stock. Scotiabank's target price suggests a potential upside of 6.66% from the company's current price.
Several other research firms also recently issued reports on SRU.UN. CIBC decreased their price objective on shares of SmartCentres Real Estate Investment Trst from C$30.00 to C$28.00 in a research note on Friday, May 10th. Royal Bank of Canada dropped their target price on SmartCentres Real Estate Investment Trst from C$28.00 to C$27.00 and set an "outperform" rating on the stock in a report on Wednesday. BMO Capital Markets upped their price target on SmartCentres Real Estate Investment Trst from C$24.00 to C$24.50 and gave the stock a "market perform" rating in a report on Wednesday, February 28th. Finally, National Bankshares decreased their target price on shares of SmartCentres Real Estate Investment Trst from C$26.00 to C$23.50 and set a "sector perform" rating for the company in a research note on Wednesday, April 24th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of C$26.14.
View Our Latest Stock Analysis on SRU.UN
SmartCentres Real Estate Investment Trst Trading Up 0.3 %
Shares of TSE SRU.UN traded up C$0.07 on Thursday, reaching C$22.97. 180,005 shares of the company traded hands, compared to its average volume of 268,288. The stock has a market capitalization of C$3.32 billion, a PE ratio of 9.45 and a beta of 1.24. SmartCentres Real Estate Investment Trst has a fifty-two week low of C$20.67 and a fifty-two week high of C$25.90. The company has a current ratio of 0.20, a quick ratio of 0.10 and a debt-to-equity ratio of 78.76. The company has a 50 day moving average of C$22.76 and a 200 day moving average of C$23.58.
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.
Further Reading
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 "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
