SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$26.04 and traded as low as C$24.74. SmartCentres Real Estate Investment Trst shares last traded at C$25.00, with a volume of 266,717 shares traded.
Analysts Set New Price Targets
Several research firms have recently issued reports on SRU.UN. BMO Capital Markets lifted their price target on SmartCentres Real Estate Investment Trst from C$24.50 to C$25.50 in a research note on Monday, October 28th. TD Securities upped their price target on shares of SmartCentres Real Estate Investment Trst from C$24.00 to C$26.00 and gave the company a "hold" rating in a report on Wednesday, September 4th. Finally, National Bankshares raised their price objective on shares of SmartCentres Real Estate Investment Trst from C$23.50 to C$26.00 in a research note on Wednesday, October 9th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of C$26.17.
Check Out Our Latest Stock Analysis on SRU.UN
SmartCentres Real Estate Investment Trst Stock Performance
The stock's fifty day simple moving average is C$26.03 and its two-hundred day simple moving average is C$24.07. The company has a market cap of C$3.61 billion, a price-to-earnings ratio of 15.24 and a beta of 1.25. The company has a debt-to-equity ratio of 80.88, a quick ratio of 0.10 and a current ratio of 0.17.
About SmartCentres Real Estate Investment Trst
(
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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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