Shares of CT Real Estate Investment Trust (TSE:CRT.UN) hit a new 52-week low on Friday . The company traded as low as C$13.71 and last traded at C$13.71, with a volume of shares traded.
Separately, BMO Capital Markets restated a “market perform” rating and issued a C$15.75 target price on shares of CT Real Estate Investment Trust in a research note on Tuesday, May 23rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of C$16.08.
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About CT Real Estate Investment Trust
CT Real Estate Investment Trust (CT REIT) is a closed-end real estate investment trust. The Trust’s principal objective is to create Unitholder value over the long-term by generating reliable, durable and growing monthly distributions on a tax-efficient basis. The Trust is engaged in the ownership and operation of retail investment properties located in Canada.
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