Smart REIT (TSE:SRU.UN) has received an average recommendation of “Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$34.88.

SRU.UN has been the topic of several research analyst reports. CIBC dropped their price objective on Smart REIT from C$36.50 to C$34.00 and set an “outperform” rating on the stock in a research note on Friday, August 11th. Scotiabank decreased their target price on Smart REIT from C$36.00 to C$35.00 and set an “outperform” rating for the company in a research note on Monday, August 14th.

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Smart REIT Company Profile

Smart Real Estate Investment Trust is an unincorporated open-ended mutual fund trust. The Trust develops, leases, constructs, owns and manages shopping centers that provide retailers with a platform to reach the customers through convenient locations, designs, and a tenant mix, and provides quality office space for tenants to locate effective workspaces.

Analyst Recommendations for Smart REIT (TSE:SRU.UN)

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