True North Commercial REIT (TSE:TNT.UN - Free Report) had its target price increased by Raymond James from C$10.00 to C$10.50 in a report published on Wednesday, BayStreet.CA reports. Raymond James currently has a market perform rating on the stock.
TNT.UN has been the topic of several other reports. National Bankshares dropped their price target on True North Commercial REIT from C$8.75 to C$8.50 and set a sector perform rating on the stock in a research report on Wednesday. CIBC lifted their target price on True North Commercial REIT from C$8.05 to C$9.00 and gave the company a neutral rating in a research note on Thursday, March 21st.
View Our Latest Analysis on TNT.UN
True North Commercial REIT Trading Up 0.2 %
Shares of TNT.UN traded up C$0.02 during midday trading on Wednesday, hitting C$9.52. The stock had a trading volume of 23,232 shares, compared to its average volume of 42,902. True North Commercial REIT has a fifty-two week low of C$6.33 and a fifty-two week high of C$19.32. The business has a 50-day simple moving average of C$8.95 and a two-hundred day simple moving average of C$7.31. The company has a current ratio of 0.41, a quick ratio of 0.06 and a debt-to-equity ratio of 182.25. The firm has a market cap of C$142.70 million, a P/E ratio of -3.68 and a beta of 1.53.
True North Commercial REIT Company Profile
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The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 46 commercial properties consisting of approximately 3.7 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit-rated tenants.
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