Shares of Smart REIT (TSE:SRU.UN) have received a consensus recommendation of “Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is C$34.88.
Several research firms recently issued reports on SRU.UN. Scotiabank dropped their target price on shares of Smart REIT from C$36.00 to C$35.00 and set an “outperform” rating on the stock in a report on Monday, August 14th. CIBC dropped their target price on shares of Smart REIT from C$36.50 to C$34.00 and set an “outperform” rating on the stock in a report on Friday, August 11th.
About Smart REIT
Smart Real Estate Investment Trust is an unincorporated open-ended mutual fund trust. The Trust develops, leases, constructs, owns and manages shopping centers that provide retailers with a platform to reach the customers through convenient locations, designs, and a tenant mix, and provides quality office space for tenants to locate effective workspaces.
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