TSE:SMU.UN

Summit Industrial Income REIT Price Target, Predictions & Analyst Ratings

C$22.95

+0.28 (+1.24%)

(As of 12/7/2021 12:57 PM ET)

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Today's Range: C$22.83
▼
C$23.20
50-Day Range: C$20.61
▼
C$23.89
52-Week Range: C$12.76
▼
C$24.01

Volume: 133,417 shs
Average Volume: 390,000 shs
Market Capitalization: C$4.03 billion

P/E Ratio: 3.48
Dividend Yield: 2.49%
Beta: N/A

Summit Industrial Income REIT (TSE:SMU.UN) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analyst Rating Consensus

Buy
Based on 8 Analyst Ratings

Analyst Price Target Consensus

C$23.38

High PT	C$25.00
Average PT	C$23.38
Low PT	C$22.50

Type	Current 12/7/20 to 12/7/21	1 Month Ago 11/7/20 to 11/7/21	3 Months Ago 9/8/20 to 9/8/21	1 Year Ago 12/8/19 to 12/7/20
Consensus Rating	Buy	Buy	Buy	N/A
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	N/A
Buy	5 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)	N/A
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	N/A
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	N/A
Consensus Price Target	C$23.38	C$23.38	C$20.36	N/A
Price Target Upside	1.85% Upside	8.70% Upside	3.59% Upside	N/A

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Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Summit Industrial Income REIT (TSE:SMU.UN) vs. Its Competitors

Type	Summit Industrial Income REIT	Real Estate Companies
Consensus Rating Score	2.63	2.47
Consensus Rating	Buy	Hold
News Sentiment Rating	Neutral News	Neutral News
MarketBeat Community Rating	Outperform Votes 22 51.16% Underperform Votes 21 48.84%	Avg. Outperform Votes 122 64.55% Avg. Underperform Votes 67 35.45%

Summit Industrial Income REIT (TSE:SMU.UN) Analyst Ratings History

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/1/2021	TD Securities	Sam Damiani	Boost Price Target	NA	C$25.00	+20.25%
9/29/2021	Canaccord Genuity		Reiterated Rating	Hold
9/24/2021	BMO Capital Markets		Reiterated Rating	Outperform
9/23/2021	National Bank Financial		Boost Price Target	Outperform	C$23.00	+6.33%
9/23/2021	Raymond James		Reiterated Rating	Outperform	C$24.00	+10.96%
9/23/2021	CIBC		Boost Price Target	Neutral	C$21.50 ➝ C$22.50	+4.02%
9/23/2021	National Bankshares	Matt Kornack	Initiated Coverage	Buy	C$24.00	+10.96%
8/18/2021	Royal Bank of Canada		Boost Price Target	Sector Perform	C$23.00	+6.53%
3/26/2019	Desjardins		Boost Price Target		C$11.50 ➝ C$12.00	-0.83%

(Data available from 12/7/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Summit Industrial Income REIT (TSE:SMU.UN) Analyst Ratings Frequently Asked Questions

What is Summit Industrial Income REIT's consensus rating and price target?: According to the issued ratings of 8 analysts in the last year, the consensus rating for Summit Industrial Income REIT stock is Buy based on the current 3 hold ratings and 5 buy ratings for SMU.UN. The average twelve-month price target for Summit Industrial Income REIT is C$23.38 with a high price target of C$25.00 and a low price target of C$22.50. Learn more on SMU.UN's analyst rating history
Do Wall Street analysts like Summit Industrial Income REIT more than its competitors?: Analysts like Summit Industrial Income REIT stock more than the stock of other Real Estate companies. The consensus rating for Summit Industrial Income REIT is Buy while the average consensus rating for real estate companies is Hold. Learn more on how SMU.UN compares to other companies
Do MarketBeat users like Summit Industrial Income REIT more than its competitors?: MarketBeat users like Summit Industrial Income REIT stock less than the stock of other Real Estate companies. 51.16% of MarketBeat users gave Summit Industrial Income REIT an outperform vote while real estate companies recieve an average of 64.55% outperform votes by MarketBeat users.

Does Summit Industrial Income REIT's stock price have much upside?: According to analysts, Summit Industrial Income REIT's stock has a predicted upside of 8.70% based on their 12-month price targets.
What analysts cover Summit Industrial Income REIT?: Summit Industrial Income REIT has been rated by BMO Capital Markets, Canaccord Genuity, CIBC, National Bank Financial, National Bankshares, Raymond James, and TD Securities in the past 90 days.

This page was last updated on 12/7/2021 by MarketBeat.com Staff

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Summit Industrial Income REIT Price Target, Predictions & Analyst Ratings

Summit Industrial Income REIT (TSE:SMU.UN) Price Target and Consensus Rating