H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$9.64 and traded as high as C$10.95. H&R Real Estate Investment Trust shares last traded at C$10.88, with a volume of 277,600 shares.
Analysts Set New Price Targets
Separately, TD Securities raised their price target on H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the company a "buy" rating in a research note on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, H&R Real Estate Investment Trust currently has an average rating of "Hold" and a consensus price target of C$11.35.
Get Our Latest Analysis on HR.UN
H&R Real Estate Investment Trust Stock Performance
The company has a current ratio of 0.31, a quick ratio of 0.19 and a debt-to-equity ratio of 73.68. The firm's fifty day moving average price is C$10.53 and its 200-day moving average price is C$9.64. The firm has a market cap of C$2.84 billion, a price-to-earnings ratio of -13.43 and a beta of 1.97.
About H&R Real Estate Investment Trust
(
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H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.
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