Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)‘s stock had its “sector perform” rating restated by research analysts at Scotiabank in a research report issued to clients and investors on Tuesday. They currently have a $45.00 price target on the stock, down from their previous price target of $55.00. Scotiabank’s price target suggests a potential upside of 39.75% from the stock’s current price.

Several other equities research analysts have also issued reports on the stock. Desjardins restated a “hold” rating and set a $47.00 price target (down previously from $53.00) on shares of Boardwalk Real Estate Investment Trust in a research note on Tuesday. Raymond James Financial Inc. restated an “outperform” rating and set a $60.00 price target on shares of Boardwalk Real Estate Investment Trust in a research note on Thursday, August 18th. BMO Capital Markets restated a “market perform” rating and set a $50.00 price target (down previously from $55.00) on shares of Boardwalk Real Estate Investment Trust in a research note on Tuesday, August 16th. TD Securities restated a “buy” rating and set a $58.00 price target (down previously from $60.00) on shares of Boardwalk Real Estate Investment Trust in a research note on Tuesday, August 16th. Finally, Dundee Securities lowered shares of Boardwalk Real Estate Investment Trust to a “buy” rating and decreased their price target for the stock from $63.00 to $58.00 in a research note on Monday, August 15th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $53.10.

Analyst Recommendations for Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) opened at 32.20 on Tuesday. The company’s market capitalization is $1.63 billion. The firm’s 50-day moving average price is $37.30 and its 200 day moving average price is $40.27. Boardwalk Real Estate Investment Trust has a 1-year low of $27.12 and a 1-year high of $45.75.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk Real Estate Investment Trust (Boardwalk REIT or the Trust) is an open-ended real estate investment trust. The Trust is focused on the acquisition, refurbishment, management and ownership, and where deemed appropriate the development, of multi-family residential communities within Canada. The Trust owns approximately 32,950 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.

Receive News & Stock Ratings for Boardwalk Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boardwalk Real Estate Investment Trust and related stocks with our FREE daily email newsletter.