Flagship Communities Real Estate Investment Trust (TSE:MHC.UN - Free Report) had its price target upped by Desjardins from C$19.50 to C$20.50 in a report released on Friday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Flagship Communities Real Estate Investment Trust Stock Performance
Shares of Flagship Communities Real Estate Investment Trust stock traded up C$0.33 on Friday, hitting C$23.98. The stock had a trading volume of 3,902 shares, compared to its average volume of 2,101. The stock has a 50 day moving average of C$21.26 and a 200 day moving average of C$20.85. Flagship Communities Real Estate Investment Trust has a twelve month low of C$18.00 and a twelve month high of C$24.70. The firm has a market capitalization of C$339.08 million, a P/E ratio of 5.09 and a beta of 0.28.
About Flagship Communities Real Estate Investment Trust
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Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.
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