H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$9.85 and traded as high as C$10.67. H&R Real Estate Investment Trust shares last traded at C$10.60, with a volume of 258,741 shares traded.
Analyst Ratings Changes
Separately, TD Securities raised their target price on shares of H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the stock a "buy" rating in a report on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of C$11.35.
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H&R Real Estate Investment Trust Price Performance
The firm has a market cap of C$2.79 billion, a P/E ratio of -12.98 and a beta of 1.98. The company has a debt-to-equity ratio of 73.68, a current ratio of 0.31 and a quick ratio of 0.19. The company's 50-day moving average is C$10.98 and its two-hundred day moving average is C$9.86.
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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