Crombie Real Estate Investment Trust (TSE:CRR.UN)‘s stock had its “hold” rating reaffirmed by stock analysts at TD Securities in a research note issued on Thursday. They presently have a C$15.50 target price on the stock.

Other analysts have also recently issued reports about the company. Scotiabank restated a “sector perform” rating and issued a C$16.00 target price on shares of Crombie Real Estate Investment Trust in a report on Thursday, August 4th. RBC Capital Markets upped their target price on Crombie Real Estate Investment Trust from C$15.00 to C$16.00 and gave the company a “sector perform” rating in a report on Friday, August 5th. Canaccord Genuity upped their target price on Crombie Real Estate Investment Trust from C$14.25 to C$15.40 in a report on Wednesday, July 27th. BMO Capital Markets upped their target price on Crombie Real Estate Investment Trust from C$16.00 to C$16.50 and gave the company an “outperform” rating in a report on Tuesday, August 9th. Finally, Royal Bank Of Canada dropped their target price on Crombie Real Estate Investment Trust from C$16.00 to C$15.00 and set a “sector perform” rating for the company in a report on Thursday. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Crombie Real Estate Investment Trust has a consensus rating of “Hold” and an average target price 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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