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Royal Bank of Canada Issues Pessimistic Forecast for Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price

Bsr Real Estate Investment Trust logo with Real Estate background
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Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) had its price objective dropped by analysts at Royal Bank of Canada from C$16.00 to C$15.50 in a research note issued on Friday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. Royal Bank of Canada's target price would indicate a potential upside of 21.95% from the stock's current price.

Bsr Real Estate Investment Trust Stock Up 1.0 %

HOM.U stock traded up C$0.13 during mid-day trading on Friday, hitting C$12.71. 3,949 shares of the company were exchanged, compared to its average volume of 14,999. The firm has a market cap of C$424.26 million, a P/E ratio of -2.17 and a beta of 1.08. Bsr Real Estate Investment Trust has a 1-year low of C$10.53 and a 1-year high of C$14.48. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12. The firm's 50 day simple moving average is C$11.96 and its 200 day simple moving average is C$12.82.

About Bsr Real Estate Investment Trust

(Get Free Report)

BSR 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 owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.

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