H&R Real Estate Investment Trust (TSE:HR.UN) had its price target reduced by National Bank Financial from C$25.00 to C$24.75 in a research report released on Friday morning. National Bank Financial currently has an outperform rating on the real estate investment trust’s stock.

HR.UN has been the subject of several other reports. Raymond James Financial, Inc. reduced their price objective on H&R Real Estate Investment Trust from C$24.00 to C$22.00 and set an outperform rating for the company in a research report on Monday, August 14th. Scotiabank reduced their price objective on H&R Real Estate Investment Trust from C$24.50 to C$24.25 and set a sector perform rating for the company in a research report on Tuesday, August 15th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of C$24.58.

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About H&R Real Estate Investment Trust

H&R Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. The Trust’s primary objectives are to provide unitholders with stable and growing cash distributions, generated by the revenue it derives from a diversified portfolio of income producing real estate assets, and to maximize unit value through ongoing active management of its assets, acquisition of additional properties and the development and construction of projects, which are pre-leased to creditworthy tenants.

Analyst Recommendations for H&R Real Estate Investment Trust (TSE:HR.UN)

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