Interrent Real Estate Investment Trust (TSE:IIP.UN) had its target price decreased by National Bank Financial from C$8.25 to C$8.00 in a research report report published on Tuesday. National Bank Financial currently has a sector perform rating on the real estate investment trust’s stock.

A number of other research analysts also recently issued reports on the company. Scotiabank decreased their price target on Interrent Real Estate Investment Trust from C$8.00 to C$7.75 and set a sector perform rating for the company in a report on Tuesday. Desjardins downgraded Interrent Real Estate Investment Trust from a buy rating to a hold rating in a report on Tuesday, August 23rd. TD Securities reissued a hold rating and issued a C$8.00 price target on shares of Interrent Real Estate Investment Trust in a report on Friday, July 29th. CIBC boosted their price target on Interrent Real Estate Investment Trust from C$8.00 to C$8.25 in a report on Friday, July 29th. Finally, Canaccord Genuity reissued a buy rating on shares of Interrent Real Estate Investment Trust in a report on Monday, July 11th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Interrent Real Estate Investment Trust presently has an average rating of Hold and an average target price of C$7.96.

Analyst Recommendations for Interrent Real Estate Investment Trust (TSE:IIP.UN)

About Interrent Real Estate Investment Trust

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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