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

Several equities analysts recently commented on the stock. Interrent Reit Tr.Uts increased their price objective on shares of Interrent Real Estate Investment Trust from C$8.50 to C$8.75 and gave the company a “sector perform” rating in a research note on Monday, July 31st. BMO Capital Markets reissued an “outperform” rating and issued a C$9.00 price objective on shares of Interrent Real Estate Investment Trust in a research note on Tuesday, August 1st. Finally, Royal Bank Of Canada increased their price objective on shares of Interrent Real Estate Investment Trust from C$8.50 to C$8.75 and gave the company a “sector perform” rating in a research note on Friday, July 28th.

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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).

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

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