Flagship Communities Real Estate Investment Trust (TSE:MHC.UN - Free Report) had its target price lifted by National Bankshares from C$20.00 to C$21.00 in a report published on Friday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.
A number of other analysts also recently issued reports on the company. Raymond James lifted their price target on 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 report on Friday. Desjardins lifted their price target on Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the company a "buy" rating in a research report on Friday. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$20.10.
Check Out Our Latest Analysis on MHC.UN
Flagship Communities Real Estate Investment Trust Trading Up 1.4 %
Shares of MHC.UN traded up C$0.33 during trading hours on Friday, reaching C$23.98. 3,902 shares of the company's stock traded hands, compared to its average volume of 2,101. The stock has a market cap of C$339.08 million, a PE ratio of 5.09 and a beta of 0.28. The firm's 50 day simple moving average is C$21.26 and its 200-day simple moving average is C$20.85. Flagship Communities Real Estate Investment Trust has a 12 month low of C$18.00 and a 12 month high of C$24.70.
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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