Flagship Communities Real Estate Investment Trust (TSE:MHC.UN - Get Free Report) traded up 0.2% on Monday . The stock traded as high as C$22.35 and last traded at C$22.30. 1,102 shares were traded during trading, a decline of 52% from the average session volume of 2,293 shares. The stock had previously closed at C$22.25.
Analyst Upgrades and Downgrades
A number of brokerages have commented on MHC.UN. Raymond James boosted their price target on shares of Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company a "strong-buy" rating in a research note on Friday, March 14th. Desjardins boosted their target price on shares of Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the stock a "buy" rating in a research report on Friday, March 14th. Finally, National Bankshares lifted their price target on Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company an "outperform" rating in a research note on Friday, March 14th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Flagship Communities Real Estate Investment Trust has an average rating of "Buy" and an average price target of C$20.10.
Check Out Our Latest Stock Report on MHC.UN
Flagship Communities Real Estate Investment Trust Stock Performance
The firm has a 50-day moving average price of C$22.73 and a 200 day moving average price of C$21.48. The stock has a market capitalization of C$328.47 million, a P/E ratio of 4.93 and a beta of 0.28.
About Flagship Communities Real Estate Investment Trust
(
Get Free Report)
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets, all of which are located in The United States. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions.
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