Interrent Real Estate Investment Trust (TSE:IIP.UN) has been assigned a C$8.00 price target by stock analysts at RBC Capital Markets in a report issued on Friday. The brokerage currently has a a “sector perform” rating on the real estate investment trust’s stock.

Other equities analysts have also issued research reports about the company. CIBC cut their price target 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 reissued a “hold” rating and issued 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, Royal Bank Of Canada initiated coverage on Interrent Real Estate Investment Trust in a research note on Friday. They issued a “sector perform” rating and a C$8.00 target price on the stock. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$7.97.

Analyst Recommendations for Interrent Real Estate Investment Trust (TSE:IIP.UN)

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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