TSE:MR.UN - Melcor Real Estate Investment Trust Stock Price, Forecast & News

Melcor Real Estate Investment Trust's stock was trading at C$6.76 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MR.UN stock has decreased by 61.4% and is now trading at C$2.61. View which stocks have been mosted impacted by Coronavirus.

0 brokers have issued 12 month price targets for Melcor Real Estate Investment Trust's stock. Their forecasts range from C$6.00 to C$6.00. On average, they anticipate Melcor Real Estate Investment Trust's share price to reach C$6.00 in the next twelve months. This suggests a possible upside of 129.9% from the stock's current price. View analysts' price targets for Melcor Real Estate Investment Trust.

News headlines about MR.UN stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Melcor Real Estate Investment Trust earned a news impact score of 4.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutMelcor Real Estate Investment Trust.

Some companies that are related to Melcor Real Estate Investment Trust include McKay Securities (MCKS), BlackWall Property Trust (BWR), Ediston Property Investment (EPIC), Aew UK Reit (AEWU), Aspen Group (APZ), 360 Capital Total Return Fund (TOT), Town Centre Securities (TOWN), Real Estate Investors (RLE), Ground Rents Income Fund (GRIO), Aims Property Securities Fund (APW), AEW UK Long Lease REIT (AEWL), Highcroft Investments (HCFT), Power REIT (PW), Middlefield Can-Global REIT Income Fund (RCO.UN) and Fat Prophets G P F Ordinary Units FP (FPP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Melcor Real Estate Investment Trust investors own include American Hotel Income Properties REIT (HOT.UN), Keysight Technologies (KEYS), Alaris Royalty (AD), Automotive Properties Real Est Invt TR (APR.UN), Capital Power (CPX), Cominar REIT (CUF.UN), Northview Apartment REIT (NVU.UN), True North Commercial REIT (TNT.UN), Jack in the Box (JACK) and Merck & Co., Inc. (MRK).

Melcor Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MR.UN."

Shares of MR.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of MR.UN stock can currently be purchased for approximately C$2.61.

Melcor Real Estate Investment Trust has a market capitalization of C$34.28 million and generates C$71.16 million in revenue each year.  View additional information about Melcor Real Estate Investment Trust.

The official website for Melcor Real Estate Investment Trust is http://www.melcorreit.ca/.

Melcor Real Estate Investment Trust's mailing address is 900-10310 Jasper Ave NW, EDMONTON, AB T5J 1Y8, Canada. The company can be reached via phone at +1-780-4236931.