Scotiabank reaffirmed their sector perform rating on shares of Artis Real Estate Investment Trust (TSE:AX.UN) in a report released on Wednesday morning. Scotiabank currently has a C$14.50 target price on the stock.

A number of other brokerages have also recently commented on AX.UN. BMO Capital Markets dropped their price target on Artis Real Estate Investment Trust from C$14.00 to C$13.25 in a research report on Friday, August 12th. CIBC dropped their price target on Artis Real Estate Investment Trust from C$14.50 to C$14.00 and set a sector perform rating on the stock in a research report on Monday, August 8th. TD Securities reaffirmed a buy rating and set a C$14.50 price target on shares of Artis Real Estate Investment Trust in a research report on Monday, August 8th. Canaccord Genuity dropped their price target on Artis Real Estate Investment Trust from C$15.00 to C$14.50 and set a buy rating on the stock in a research report on Monday, August 8th. Finally, National Bank Financial reaffirmed a sector perform rating and set a C$13.50 price target on shares of Artis Real Estate Investment Trust in a research report on Monday, June 20th. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average target price of C$14.14.

Analyst Recommendations for Artis Real Estate Investment Trust (TSE:AX.UN)

Artis Real Estate Investment Trust Company Profile

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.

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