SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report) shares were down 0% on Thursday . The stock traded as low as C$25.29 and last traded at C$25.44. Approximately 438,672 shares traded hands during mid-day trading, an increase of 59% from the average daily volume of 275,871 shares. The stock had previously closed at C$25.45.
Wall Street Analyst Weigh In
A number of research analysts have commented on SRU.UN shares. BMO Capital Markets upped their price objective on SmartCentres Real Estate Investment Trst from C$25.50 to C$27.00 in a report on Monday, November 18th. TD Securities upgraded SmartCentres Real Estate Investment Trst from a "hold" rating to a "buy" rating and lifted their price target for the company from C$26.00 to C$28.00 in a research note on Monday, November 18th. National Bankshares increased 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. CIBC boosted their price target on SmartCentres Real Estate Investment Trst from C$28.00 to C$29.00 in a report on Friday, November 15th. Finally, Royal Bank of Canada increased their price objective on SmartCentres Real Estate Investment Trst from C$27.00 to C$28.00 in a report on Thursday, November 21st. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, SmartCentres Real Estate Investment Trst presently has an average rating of "Hold" and an average price target of C$27.08.
Get Our Latest Report on SmartCentres Real Estate Investment Trst
SmartCentres Real Estate Investment Trst Stock Performance
The company has a quick ratio of 0.10, a current ratio of 0.17 and a debt-to-equity ratio of 80.88. The firm has a market capitalization of C$3.65 billion, a P/E ratio of 15.38 and a beta of 1.25. The company's 50 day moving average is C$25.48 and its 200-day moving average is C$24.56.
About SmartCentres Real Estate Investment Trst
(
Get Free Report)
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.
Further Reading
Before you consider SmartCentres Real Estate Investment Trst, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SmartCentres Real Estate Investment Trst wasn't on the list.
While SmartCentres Real Estate Investment Trst currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
