Slate Office REIT (SOT.UN) Stock Forecast & Price Target

C$0.34

+0.01 (+3.03%)

(As of 07/26/2024 ET)

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Slate Office REIT - Analysts' Recommendations and Stock Price Forecast (2024)

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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 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.

Consensus Rating

Sell
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for Slate Office REIT in the last 12 months, the stock has a consensus rating of "Sell." Out of the 7 analysts, 5 have given a sell rating, and 2 have given a hold rating for SOT.UN.

Consensus Price Target

C$0.64
89.08% Upside

High Forecast	C$1.25
Average Forecast	C$0.64
Low Forecast	C$0.25

According to the 7 analysts' twelve-month price targets for Slate Office REIT, the average price target is C$0.64. The highest price target for SOT.UN is C$1.25, while the lowest price target for SOT.UN is C$0.25. The average price target represents a forecasted upside of 89.08% from the current price of C$0.34.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
Consensus Rating	Sell	Sell	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)
Sell	5 Sell rating(s)	5 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$0.64	C$0.64	C$1.22	C$2.58
Forecasted Upside	89.08% Upside	0.97% Upside	9.06% Upside	13.77% Upside

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SOT.UN Analyst Recommendations 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.

SOT.UN Price Targets 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.

Slate Office REIT Stock vs. The Competition

Type	Slate Office REIT	Real Estate Companies
Consensus Rating Score	1.29	2.49
Consensus Rating	Sell	Hold
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
6/26/2024	TD Securities 4 of 5 stars	Downgrade	Hold ➝ Sell	C$0.75 ➝ C$0.25	+16.28%
6/26/2024	BMO Capital Markets 3 of 5 stars	Downgrade	Sector Perform ➝ Underperform	C$0.70 ➝ C$0.30	+39.53%
6/26/2024	Royal Bank of Canada 4 of 5 stars	Downgrade	Sector Perform ➝ Underperform	C$0.70 ➝ C$0.30	+39.53%
6/26/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform
5/7/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$0.80 ➝ C$0.65	-2.99%
11/20/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform	C$1.10 ➝ C$1.00	+5.26%
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8/4/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Perform ➝ Underperform	C$1.90 ➝ C$1.25	-18.83%
5/4/2023	Laurentian Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$4.25 ➝ C$2.75	+35.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:53 AM ET.

SOT.UN Forecast - Frequently Asked Questions

What is Slate Office REIT's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Slate Office REIT is C$0.64, with a high forecast of C$1.25 and a low forecast of C$0.25.
Should I buy or sell Slate Office REIT stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Slate Office REIT in the last twelve months. There are currently 5 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "strong sell" SOT.UN shares.
Does Slate Office REIT's stock price have much upside?: According to analysts, Slate Office REIT's stock has a predicted upside of 0.97% based on their 12-month stock forecasts.
Has Slate Office REIT been downgraded by Wall Street analysts recently?: Over the previous 90 days, Slate Office REIT's stock had 4 downgrades by analysts.
What analysts cover Slate Office REIT?: Slate Office REIT has been rated by research analysts at BMO Capital Markets, CIBC, Cormark, Royal Bank of Canada, and TD Securities in the past 90 days.
Do Wall Street analysts like Slate Office REIT more than its competitors?: Analysts like Slate Office REIT less than other "real estate" companies. The consensus rating for Slate Office REIT is Sell while the average consensus rating for "real estate" companies is Hold. Learn more on how SOT.UN compares to other companies.