Crombie Real Estate Investment Trust (TSE:CRR.UN)‘s stock had its “sector perform” rating reissued by research analysts at Scotiabank in a research report issued on Wednesday. They presently have a C$16.00 price objective on the stock.

Other equities analysts have also issued research reports about the company. TD Securities raised their price objective on Crombie Real Estate Investment Trust from C$15.00 to C$15.50 and gave the stock a “hold” rating in a research note on Friday, August 5th. RBC Capital Markets raised their price objective on Crombie Real Estate Investment Trust from C$15.00 to C$16.00 and gave the stock a “sector perform” rating in a research note on Friday, August 5th. Canaccord Genuity raised their price objective on Crombie Real Estate Investment Trust from C$14.25 to C$15.40 in a research note on Wednesday, July 27th. BMO Capital Markets raised their price objective on Crombie Real Estate Investment Trust from C$16.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Tuesday, August 9th. Finally, Desjardins restated a “buy” rating and set a C$16.50 price objective on shares of Crombie Real Estate Investment Trust in a research note on Monday, August 8th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of C$15.87.

Analyst Recommendations for Crombie Real Estate Investment Trust (TSE:CRR.UN)

Crombie Real Estate Investment Trust Company Profile

Crombie Real Estate Investment Trust (Crombie) is a Canada-based unincorporated open-ended real estate investment trust (REIT). Crombie invests in income-producing retail, office and mixed use properties in Canada. Crombie focuses on grocery-anchored and drug store-anchored retail properties. Crombie owns a portfolio of over 260 commercial properties in over 10 provinces, including approximately 17.7 million square feet of gross leasable area (GLA).

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