Granite Real Estate Investment Trust (TSE:GRT.UN) (NASDAQ:GRP.U) had its price objective hoisted by Royal Bank of Canada from C$46.00 to C$51.00 in a research note released on Thursday, May 11th. Royal Bank of Canada currently has a sector perform rating on the stock.

A number of other equities analysts have also issued reports on the company. Scotiabank reissued a sector perform rating and issued a C$48.00 price objective on shares of Granite Real Estate Investment Trust in a report on Wednesday, May 3rd. TD Securities reiterated a hold rating and set a C$45.00 price objective on shares of Granite Real Estate Investment Trust in a research report on Friday, March 3rd. Finally, BMO Capital Markets reiterated a market perform rating and set a C$47.50 price objective on shares of Granite Real Estate Investment Trust in a research report on Wednesday, February 8th. Five equities research analysts have rated the stock with a hold rating, The company presently has an average rating of Hold and an average price target of C$49.00.

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