H&R Real Estate Investment Trust (TSE:HR.UN - Free Report) had its price objective hoisted by Scotiabank from C$11.50 to C$11.75 in a research report released on Friday morning,BayStreet.CA reports.
Separately, TD Securities boosted their target price on H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the stock a "buy" rating in a report on Wednesday, September 4th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of C$11.45.
Check Out Our Latest Research Report on H&R Real Estate Investment Trust
H&R Real Estate Investment Trust Price Performance
HR.UN stock traded down C$0.02 during trading on Friday, hitting C$10.00. The stock had a trading volume of 708,200 shares, compared to its average volume of 433,311. The company's 50-day moving average price is C$10.97 and its two-hundred day moving average price is C$9.94. H&R Real Estate Investment Trust has a twelve month low of C$8.63 and a twelve month high of C$11.67. The stock has a market capitalization of C$2.62 billion, a P/E ratio of -12.20 and a beta of 1.98. The company has a debt-to-equity ratio of 73.68, a current ratio of 0.31 and a quick ratio of 0.19.
H&R Real Estate Investment Trust Company Profile
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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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