Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) have earned a consensus rating of “Hold” from the nine analysts that are covering the stock. Five equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $56.00.

A number of equities research analysts recently issued reports on BOWFF shares. Scotiabank reiterated a “sector perform” rating and issued a $55.00 price objective (down previously from $56.00) on shares of Boardwalk Real Estate Investment Trust in a research report on Tuesday, August 16th. TD Securities restated a “buy” rating and set a $58.00 price target (down previously from $60.00) on shares of Boardwalk Real Estate Investment Trust in a research report on Tuesday, August 16th. BMO Capital Markets restated a “market perform” rating and set a $50.00 price target (down previously from $55.00) on shares of Boardwalk Real Estate Investment Trust in a research report on Tuesday, August 16th. Dundee Securities downgraded Boardwalk Real Estate Investment Trust to a “buy” rating and lowered their price target for the company from $63.00 to $58.00 in a research report on Monday, August 15th. Finally, Raymond James Financial Inc. restated an “outperform” rating and set a $60.00 price target on shares of Boardwalk Real Estate Investment Trust in a research report on Thursday, August 18th.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) opened at 38.21 on Friday. The company’s 50 day moving average price is $38.85 and its 200-day moving average price is $41.11. Boardwalk Real Estate Investment Trust has a 12-month low of $27.12 and a 12-month high of $45.75. The company’s market capitalization is $1.94 billion.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (Boardwalk REIT or the Trust) is an open-ended real estate investment trust. The Trust is focused on the acquisition, refurbishment, management and ownership, and where deemed appropriate the development, of multi-family residential communities within Canada. The Trust owns approximately 32,950 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.

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