Analysts Set SmartCentres Real Estate Investment Trst (TSE:SRU.UN) PT at C$25.83

Shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN - Get Free Report) have received a consensus rating of "Hold" from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$25.83.

SRU.UN has been the topic of a number of analyst reports. National Bankshares increased their target price on SmartCentres Real Estate Investment Trst from C$23.50 to C$26.00 in a report on Wednesday, October 9th. TD Securities raised their price objective on SmartCentres Real Estate Investment Trst from C$24.00 to C$26.00 and gave the stock a "hold" rating in a report on Wednesday, September 4th.

SmartCentres Real Estate Investment Trst Price Performance

Shares of SRU.UN traded down C$0.07 on Thursday, reaching C$25.90. The stock had a trading volume of 212,903 shares, compared to its average volume of 266,279. The firm has a market capitalization of C$3.75 billion, a PE ratio of 15.79 and a beta of 1.25. 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 50-day moving average of C$25.91 and a 200 day moving average of C$23.90. SmartCentres Real Estate Investment Trst has a twelve month low of C$20.67 and a twelve month high of C$27.50.

About SmartCentres Real Estate Investment Trst

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.