Cominar REIT (TSE:CUF.UN) had its price target boosted by investment analysts at TD Securities from C$14.50 to C$15.00 in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the real estate investment trust’s stock. TD Securities’ price objective would suggest a potential upside of 6.61% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Canaccord Genuity reduced their target price on shares of Cominar REIT from C$14.00 to C$13.00 in a research note on Tuesday, August 8th. Eight Capital raised shares of Cominar REIT from a “neutral” rating to a “buy” rating in a research note on Tuesday, August 22nd. Laurentian set a C$14.50 target price on shares of Cominar REIT and gave the company a “buy” rating in a research note on Wednesday, September 27th. Laurentian Bank of Canada reissued a “buy” rating and issued a C$14.50 target price on shares of Cominar REIT in a research note on Wednesday, September 27th. Finally, BMO Capital Markets set a C$13.50 price target on shares of Cominar REIT and gave the stock a “market perform” rating in a research note on Tuesday, August 8th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of C$14.43.

Shares of Cominar REIT (TSE:CUF.UN) traded up C$0.10 on Monday, hitting C$14.07. 309,473 shares of the stock traded hands, compared to its average volume of 423,819. Cominar REIT has a 1-year low of C$11.84 and a 1-year high of C$15.09.

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Cominar REIT Company Profile

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.

Analyst Recommendations for Cominar REIT (TSE:CUF.UN)

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