National Bank Financial Reaffirms Outperform Rating for Pure Multi-Family REIT LP (RUF.U)
Pure Multi-Family REIT LP (CVE:RUF.U)‘s stock had its “outperform” rating restated by investment analysts at National Bank Financial in a note issued to investors on Friday. They presently have a C$7.00 price target on the stock.
Other analysts have also issued reports about the company. Scotiabank reissued an “outperform” rating and set a C$7.00 price target on shares of Pure Multi-Family REIT in a research report on Tuesday. Canaccord Genuity boosted their price target on Pure Multi-Family REIT from C$6.50 to C$7.25 and gave the stock a “buy” rating in a research report on Thursday, August 11th.
Pure Multi-Family REIT Company Profile
Pure Multi-Family REIT LP (Pure Multi) is a Canada-based company, which invests in multi-family real estate properties in the United States. The Company offers investors exposure to the United States multifamily real estate assets. It offers investors the ability to participate in monthly distributions, with potential for capital appreciation, stemming from ownership of quality apartment assets located in core cities within the Southwestern and Southeastern portions of the United States, including states, such as Texas, Arizona, Georgia and Nevada (collectively, the Sunbelt).
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