TD Securities reiterated their hold rating on shares of Interrent Real Estate Investment Trust (TSE:IIP.UN) in a report released on Thursday. The brokerage currently has a C$8.50 target price on the real estate investment trust’s stock.

Several other equities analysts have also issued reports on IIP.UN. Royal Bank of Canada started coverage on shares of Interrent Real Estate Investment Trust in a report on Friday, November 18th. They issued a sector perform rating and a C$8.00 price target for the company. Desjardins raised shares of Interrent Real Estate Investment Trust from a hold rating to a buy rating and decreased their price target for the company from C$8.50 to C$8.00 in a report on Tuesday, December 6th. Canaccord Genuity decreased their price target on shares of Interrent Real Estate Investment Trust from C$8.50 to C$8.25 in a report on Thursday, January 5th. Scotiabank upped their target price on shares of Interrent Real Estate Investment Trust from C$8.00 to C$8.25 and gave the stock a sector perform rating in a research note on Thursday, February 23rd. Finally, CIBC upped their target price on shares of Interrent Real Estate Investment Trust from C$8.00 to C$8.75 and gave the stock a buy rating in a research note on Thursday, February 23rd. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of Hold and an average price target of C$8.25.

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

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About Interrent Real Estate Investment Trust

InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).

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