BSR Real Estate Investment Trust (TSE:HOM.UN) PT Lowered to C$12.50

BSR Real Estate Investment Trust (TSE:HOM.UN) had its target price lowered by stock analysts at National Bankshares from C$13.25 to C$12.50 in a research note issued on Wednesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential downside of 16.67% from the stock’s current price.

BSR Real Estate Investment Trust Trading Down 0.9 %

Shares of HOM.UN stock traded down C$0.14 during trading hours on Wednesday, hitting C$15.00. 6,865 shares of the company’s stock were exchanged, compared to its average volume of 30,302. BSR Real Estate Investment Trust has a fifty-two week low of C$13.63 and a fifty-two week high of C$18.53. The firm has a 50 day moving average of C$15.14 and a two-hundred day moving average of C$15.19.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States.