SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$24.96 and traded as high as C$25.42. SmartCentres Real Estate Investment Trst shares last traded at C$25.17, with a volume of 329,113 shares.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on SRU.UN shares. Scotiabank raised their target price on shares of SmartCentres Real Estate Investment Trst from C$25.50 to C$26.00 in a report on Wednesday, February 19th. TD Securities upgraded shares of SmartCentres Real Estate Investment Trst from a "hold" rating to a "buy" rating and raised their target price for the stock from C$26.00 to C$28.00 in a report on Monday, November 18th. BMO Capital Markets lifted their price objective on shares of SmartCentres Real Estate Investment Trst from C$25.50 to C$27.00 in a report on Monday, November 18th. Finally, Royal Bank of Canada lifted their price objective on shares of SmartCentres Real Estate Investment Trst from C$27.00 to C$28.00 in a report on Thursday, November 21st.
Read Our Latest Analysis on SmartCentres Real Estate Investment Trst
SmartCentres Real Estate Investment Trst Stock Performance
The company has a market cap of C$3.64 billion, a PE ratio of 15.35 and a beta of 1.25. The company has a current ratio of 0.17, a quick ratio of 0.10 and a debt-to-equity ratio of 80.88. The firm's 50-day simple moving average is C$24.98 and its two-hundred day simple moving average is C$25.39.
SmartCentres Real Estate Investment Trst Company Profile
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SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.
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