Inovalis Real Estate Investment Trust (TSE:INO.UN)‘s stock had its “hold” rating reaffirmed by equities research analysts at Desjardins in a research note issued on Monday. They currently have a C$10.00 target price on the stock.

INO.UN has been the topic of several other reports. BMO Capital Markets set a C$10.50 target price on shares of Inovalis Real Estate Investment Trust and gave the stock an “outperform” rating in a research report on Monday, September 12th. Dundee Securities lifted their target price on shares of Inovalis Real Estate Investment Trust from C$9.75 to C$10.50 in a research report on Tuesday, August 16th. CIBC downgraded shares of Inovalis Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from C$10.50 to C$9.50 in a research report on Friday, November 18th. Finally, National Bank Financial lifted their target price on shares of Inovalis Real Estate Investment Trust from C$9.75 to C$10.00 and gave the stock a “sector perform” rating in a research report on Monday, November 21st. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Inovalis Real Estate Investment Trust has a consensus rating of “Buy” and an average target price of C$10.17.

Analyst Recommendations for Inovalis Real Estate Investment Trust (TSE:INO.UN)

The company also recently declared a monthly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Tuesday, November 15th were given a $0.0688 dividend. The ex-dividend date was Thursday, October 27th. This represents a $0.83 dividend on an annualized basis and a dividend yield of Infinity.

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Inovalis Real Estate Investment Trust Company Profile

Inovalis Real Estate Investment Trust (Inovalis REIT) is a Canada-based open-ended real estate investment trust (REIT). Inovalis REIT is formed for the purpose of acquiring and owning office properties primarily located in France and Germany and also in other European countries. It owns interest in over 11 properties, of which seven are owned by the REIT (Baldi, Courbevoie, Jeuneurs, Metropolitan, Sabliere and Vanves in France, Hanover in Germany) and four are held through partnerships with various global institutional funds (Arcueil in France, Bad Homburg, Cologne and Duisburg in Germany) comprising over 1,083,000 square feet of gross leasable area.

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