Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Given a C$19.75 Price Target by National Bankshares Analysts

National Bankshares set a C$19.75 price objective on Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) in a research note published on Thursday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

MHC.UN has been the subject of several other reports. Canaccord Genuity Group set a C$19.00 price target on Flagship Communities Real Estate Investment Trust and gave the stock a buy rating in a report on Thursday. Raymond James increased their price target on Flagship Communities Real Estate Investment Trust from C$20.00 to C$20.50 and gave the stock an outperform rating in a report on Monday, January 8th. Finally, Desjardins lowered their price target on Flagship Communities Real Estate Investment Trust from C$21.00 to C$19.50 and set a buy rating for the company in a report on Thursday. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of Buy and an average price target of C$19.58.

Flagship Communities Real Estate Investment Trust Stock Down 0.6 %

Shares of Flagship Communities Real Estate Investment Trust stock opened at C$20.52 on Thursday. Flagship Communities Real Estate Investment Trust has a 1 year low of C$19.76 and a 1 year high of C$23.40. The stock has a 50-day simple moving average of C$21.69. The company has a market capitalization of C$290.15 million and a P/E ratio of 4.89.

Insider Buying and Selling

In other news, Director Louis Marie Forbes acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 24th. The stock was acquired at an average cost of C$15.35 per share, for a total transaction of C$30,700.00. 0.40% of the stock is owned by corporate insiders.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities 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 has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.