Desjardins reissued their hold rating on shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) in a research note released on Tuesday. They currently have a $47.00 target price on the stock, down from their prior target price of $53.00.

BOWFF has been the topic of several other reports. Scotiabank reiterated a sector perform rating and issued a $55.00 price target (down from $56.00) on shares of Boardwalk Real Estate Investment Trust in a research report on Tuesday, August 16th. TD Securities reiterated a buy rating and issued a $58.00 price target (down from $60.00) on shares of Boardwalk Real Estate Investment Trust in a research report on Tuesday, August 16th. BMO Capital Markets reiterated a market perform rating and issued a $50.00 price target (down from $55.00) on shares of Boardwalk Real Estate Investment Trust in a research report on Tuesday, August 16th. Dundee Securities cut shares of Boardwalk Real Estate Investment Trust to a buy rating and dropped their price target for the stock from $63.00 to $58.00 in a research report on Monday, August 15th. Finally, RBC Capital Markets reiterated a sector perform rating and issued a $46.00 price target (down from $54.00) on shares of Boardwalk Real Estate Investment Trust in a research report on Monday. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Boardwalk Real Estate Investment Trust has a consensus rating of Hold and an average price target of $53.10.

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

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) opened at 32.03 on Tuesday. Boardwalk Real Estate Investment Trust has a 12 month low of $27.12 and a 12 month high of $45.75. The firm’s 50-day moving average is $37.13 and its 200-day moving average is $40.21. The firm’s market capitalization is $1.62 billion.

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.

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