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15 REITs That Wall Street Analysts Love in Today's Market - 14 of 15

 
 

RioCan Real Estate Investment Trust (TSE:REI.UN)

Consensus Rating
Moderate Buy
Rating Score
2.8
Ratings Breakdown
6 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
C$21.00 (2.8% Upside)

About RioCan Real Estate Investment Trust

RioCan Real Estate Investment Trust logoRioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.
 

Recent Analyst Ratings

DateBrokerageActionRatingPrice TargetDetails
9/16/2024Canaccord Genuity GroupBoost Price TargetBuyC$20.00 ➝ C$21.00
9/4/2024TD SecuritiesBoost Price TargetBuyC$21.00 ➝ C$22.00
5/14/2024ScotiabankDowngradeOutperform ➝ Sector PerformC$22.50 ➝ C$20.50
4/24/2024National BanksharesLower Price TargetOutperformC$21.00 ➝ C$20.50
4/24/2024TD SecuritiesLower Price TargetC$22.00 ➝ C$21.00
2/16/2024BMO Capital MarketsBoost Price TargetMarket PerformC$18.50 ➝ C$19.00
2/15/2024CIBCLower Price TargetOutperformC$22.00 ➝ C$21.00
12/8/2023DesjardinsSet Price TargetBuyC$22.00
11/30/2023BMO Capital MarketsSet Price TargetMarket PerformC$18.50
11/6/2023ScotiabankLower Price TargetOutperformC$24.75 ➝ C$23.00
 

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