Interrent Real Estate Investment Trust (TSE:IIP.UN) has been given an average recommendation of “Buy” by the eleven brokerages that are covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$8.50.

Several research analysts have commented on IIP.UN shares. Scotiabank lifted their target price on Interrent Real Estate Investment Trust from C$8.00 to C$8.25 and gave the stock a “sector perform” rating in a report on Tuesday, May 9th. Royal Bank Of Canada lifted their target price on Interrent Real Estate Investment Trust from C$8.25 to C$8.50 and gave the stock a “sector perform” rating in a report on Tuesday, May 9th. BMO Capital Markets reaffirmed an “outperform” rating and set a C$9.00 target price on shares of Interrent Real Estate Investment Trust in a report on Tuesday, August 1st. Raymond James Financial, Inc. lifted their target price on Interrent Real Estate Investment Trust from C$8.25 to C$8.50 and gave the stock an “outperform” rating in a report on Tuesday, May 9th. Finally, Interrent Reit Tr.Uts lifted their target price on Interrent Real Estate Investment Trust from C$8.50 to C$8.75 and gave the stock a “sector perform” rating in a report on Monday, July 31st.

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Interrent Real Estate Investment Trust Company Profile

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).

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

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