SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report)'s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$24.85 and traded as high as C$26.01. SmartCentres Real Estate Investment Trst shares last traded at C$25.87, with a volume of 400,479 shares.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on SRU.UN. Scotiabank lifted their target price on SmartCentres Real Estate Investment Trst from C$25.50 to C$26.00 in a research report on Wednesday, February 19th. CIBC lifted their price objective on SmartCentres Real Estate Investment Trst from C$28.00 to C$29.00 in a research report on Friday, November 15th. Royal Bank of Canada increased their target price on shares of SmartCentres Real Estate Investment Trst from C$27.00 to C$28.00 in a report on Thursday, November 21st. BMO Capital Markets raised their target price on shares of SmartCentres Real Estate Investment Trst from C$25.50 to C$27.00 in a research note on Monday, November 18th. Finally, TD Securities upgraded shares of SmartCentres Real Estate Investment Trst from a "hold" rating to a "buy" rating and upped their price target for the stock from C$26.00 to C$28.00 in a research report on Monday, November 18th.
Get Our Latest Analysis on SmartCentres Real Estate Investment Trst
SmartCentres Real Estate Investment Trst Trading Down 1.9 %
The company has a debt-to-equity ratio of 80.88, a quick ratio of 0.10 and a current ratio of 0.17. The company has a market capitalization of C$3.67 billion, a PE ratio of 15.48 and a beta of 1.25. The stock has a fifty day moving average of C$24.90 and a 200 day moving average of C$25.37.
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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