CT Real Estate Investment Trust (TSE:CRT.UN) had its target price reduced by Royal Bank of Canada from C$15.25 to C$14.50 in a report released on Wednesday. Royal Bank of Canada currently has a sector perform rating on the real estate investment trust’s stock.

Several other analysts also recently weighed in on CRT.UN. National Bank Financial cut their price objective on shares of CT Real Estate Investment Trust from C$16.00 to C$14.00 and set a sector perform rating on the stock in a research report on Wednesday. Scotiabank cut their price objective on shares of CT Real Estate Investment Trust from C$16.25 to C$15.75 and set an outperform rating on the stock in a research report on Wednesday. CIBC cut their price objective on shares of CT Real Estate Investment Trust from C$15.50 to C$14.50 in a research report on Wednesday. Finally, TD Securities cut their price objective on shares of CT Real Estate Investment Trust from C$16.00 to C$15.50 and set a hold rating on the stock in a research report on Wednesday, November 8th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. CT Real Estate Investment Trust has an average rating of Hold and an average price target of C$15.00.

Shares of CT Real Estate Investment Trust (CRT.UN) opened at C$13.25 on Wednesday. The firm has a market cap of $1,200.00, a PE ratio of 9.67 and a beta of 0.16. CT Real Estate Investment Trust has a 52-week low of C$12.50 and a 52-week high of C$15.60.

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CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust (CT REIT) is a closed-end real estate investment trust. The Trust’s principal objective is to create Unitholder value over the long-term by generating reliable, durable and growing monthly distributions on a tax-efficient basis. The Trust is engaged in the ownership and operation of retail investment properties located in Canada.

Analyst Recommendations for CT Real Estate Investment Trust (TSE:CRT.UN)

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