Interrent Real Estate Investment Trust (TSE:IIP) – Equities research analysts at Desjardins cut their FY2016 earnings per share (EPS) estimates for Interrent Real Estate Investment Trust in a research report issued to clients and investors on Monday. Desjardins analyst M. Markidis now forecasts that the brokerage will post earnings per share of $0.38 for the year, down from their previous estimate of $0.39. Desjardins has a “Hold” rating on the stock. Desjardins also issued estimates for Interrent Real Estate Investment Trust’s FY2018 earnings at $0.52 EPS.

Earnings History and Estimates for Interrent Real Estate Investment Trust (TSE:IIP)

Separately, National Bank Financial downgraded shares of Interrent Real Estate Investment Trust from an “outperform market weight” rating to a “sector perform market weight” rating in a research note on Wednesday, July 27th.

Interrent Real Estate Investment Trust Company Profile

InterRent Real Estate Investment Trust (InterRent REIT) is an open-ended real estate investment trust (REIT). The Company is engaged in the acquisition, ownership, management, leasing and repositioning of multi-residential properties and real estate ventures. It invests in the non-stabilized and redevelopment properties (over 2,790 suites), as well as invests in the stabilized properties (approximately 5,600 suites).

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