Cominar REIT (CUF.UN) Receives C$14.50 Average PT from Analysts
Cominar REIT (TSE:CUF.UN) has been given a consensus recommendation of “Buy” by the ten analysts that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$14.50.
Several analysts have issued reports on the company. BMO Capital Markets reaffirmed an “outperform” rating and set a C$15.00 target price on shares of Cominar REIT in a research report on Tuesday, September 5th. Canaccord Genuity increased their target price on Cominar REIT from C$13.00 to C$14.25 in a research report on Monday, August 28th. Scotiabank increased their target price on Cominar REIT from C$13.25 to C$14.00 and gave the company a “sector perform” rating in a research report on Friday, August 25th. Eight Capital raised Cominar REIT from a “neutral” rating to a “buy” rating in a research report on Tuesday, August 22nd. Finally, Royal Bank Of Canada dropped their target price on Cominar REIT from C$14.00 to C$13.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 17th.
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About Cominar REIT
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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