H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$10.02 and traded as low as C$9.24. H&R Real Estate Investment Trust shares last traded at C$9.30, with a volume of 982,182 shares traded.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on HR.UN shares. Scotiabank lifted their target price on H&R Real Estate Investment Trust from C$11.50 to C$11.75 in a research report on Friday, November 15th. TD Securities lifted their price objective on shares of H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the company a "buy" rating in a report on Wednesday, September 4th. Finally, Royal Bank of Canada upgraded shares of H&R Real Estate Investment Trust from a "sector perform" rating to an "outperform" rating and set a C$11.50 target price for the company in a report on Wednesday, December 11th.
Read Our Latest Stock Analysis on H&R Real Estate Investment Trust
H&R Real Estate Investment Trust Stock Performance
The company has a fifty day moving average of C$10.04 and a two-hundred day moving average of C$10.02. The firm has a market capitalization of C$2.43 billion, a price-to-earnings ratio of -11.32 and a beta of 1.98. The company has a debt-to-equity ratio of 73.68, a quick ratio of 0.19 and a current ratio of 0.31.
Insider Transactions at H&R Real Estate Investment Trust
In related news, Senior Officer Robyn Kestenberg purchased 3,716 shares of the firm's stock in a transaction that occurred on Friday, December 20th. The shares were bought at an average price of C$9.41 per share, for a total transaction of C$34,966.07. Insiders own 1.89% of the company's stock.
About H&R Real Estate Investment Trust
(
Get Free Report)
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.
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