Investment analysts at Royal Bank Of Canada began coverage on shares of Interrent Real Estate Investment Trust (TSE:IIP.UN) in a research note issued on Friday. The firm set a “sector perform” rating and a C$8.00 price target on the real estate investment trust’s stock.

Several other research firms also recently weighed in on IIP.UN. National Bank Financial cut their price target on Interrent Real Estate Investment Trust from C$8.25 to C$8.00 and set a “sector perform” rating on the stock in a research note on Tuesday, November 8th. Scotiabank cut their target price on Interrent Real Estate Investment Trust from C$8.00 to C$7.75 and set a “sector perform” rating on the stock in a research note on Tuesday, November 8th. CIBC cut their target price on Interrent Real Estate Investment Trust from C$8.25 to C$8.00 in a research note on Tuesday, November 8th. TD Securities reiterated a “hold” rating and set a C$8.00 target price on shares of Interrent Real Estate Investment Trust in a research note on Tuesday, November 8th. Finally, Desjardins downgraded Interrent Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, August 23rd. Eight equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of C$7.97.

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

About Interrent Real Estate Investment Trust

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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