Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Buys C$12,129.37 in Stock

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN - Get Free Report) Director Kurtis Paul Keeney acquired 492 shares of the firm's stock in a transaction dated Friday, March 28th. The stock was bought at an average cost of C$24.65 per share, with a total value of C$12,129.37.

Kurtis Paul Keeney also recently made the following trade(s):

• On Wednesday, March 26th, Kurtis Paul Keeney bought 701 shares of Flagship Communities Real Estate Investment Trust stock. The stock was purchased at an average price of C$24.78 per share, with a total value of C$17,372.31.
• On Thursday, March 20th, Kurtis Paul Keeney purchased 57 shares of Flagship Communities Real Estate Investment Trust stock. The shares were purchased at an average price of C$24.17 per share, for a total transaction of C$1,377.52.
• On Friday, March 14th, Kurtis Paul Keeney bought 300 shares of Flagship Communities Real Estate Investment Trust stock. The shares were purchased at an average cost of C$23.40 per share, for a total transaction of C$7,020.00.

Flagship Communities Real Estate Investment Trust Trading Down 3.0 %

Flagship Communities Real Estate Investment Trust stock traded down C$0.70 during midday trading on Friday, reaching C$23.00. 3,630 shares of the stock traded hands, compared to its average volume of 2,409. The firm has a market cap of C$325.22 million, a PE ratio of 4.88 and a beta of 0.28. Flagship Communities Real Estate Investment Trust has a 12-month low of C$18.00 and a 12-month high of C$24.95. The company has a 50-day simple moving average of C$22.08 and a two-hundred day simple moving average of C$21.17.

Analysts Set New Price Targets

MHC.UN has been the topic of several research analyst reports. National Bankshares lifted their target price on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company an "outperform" rating in a research report on Friday, March 14th. Raymond James lifted their price objective on Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the stock a "strong-buy" rating in a report on Friday, March 14th. Finally, Desjardins increased their target price on Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the company a "buy" rating in a report on Friday, March 14th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$20.10.

Flagship Communities Real Estate Investment Trust Company Profile

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.