Interrent Real Estate Investment Trust (TSE:IIP.UN) has earned a consensus rating of “Hold” from the eight analysts that are currently covering the firm. Five research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$7.95.

Several analysts have issued reports on IIP.UN shares. CIBC dropped their price objective on Interrent Real Estate Investment Trust from C$8.25 to C$8.00 in a research note on Tuesday, November 8th. National Bank Financial increased their target price on Interrent Real Estate Investment Trust from C$8.25 to C$8.50 in a research note on Friday, July 29th. TD Securities reiterated a “hold” rating and set a C$8.00 target price on shares of Interrent Real Estate Investment Trust in a research note on Friday, July 29th. Desjardins lowered Interrent Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, August 23rd. Finally, Scotiabank lowered their target price on Interrent Real Estate Investment Trust from C$8.00 to C$7.75 and set a “sector perform” rating on the stock in a research note on Tuesday, November 8th.

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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