CT Real Estate Investment Trust (TSE:CRT.UN) has received an average rating of “Hold” from the six brokerages that are presently covering the firm. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$15.80.

CRT.UN has been the topic of several research reports. TD Securities increased their price target on shares of CT Real Estate Investment Trust from C$15.50 to C$16.00 and gave the stock a “hold” rating in a report on Thursday, November 3rd. Scotiabank upgraded shares of CT Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from C$15.75 to C$16.50 in a report on Thursday, November 3rd. Finally, Desjardins increased their price target on shares of CT Real Estate Investment Trust from C$15.50 to C$16.00 and gave the stock a “hold” rating in a report on Thursday, November 3rd.

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CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust (REIT). The Company is formed to own income producing commercial properties located primarily in Canada. It operates through the ownership and operation of primarily retail investment properties segment located in Canada.

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