Crombie Real Estate Investment Trust (OTCMKTS:CROMF – Get Rating) has been assigned a consensus rating of “Buy” from the ten ratings firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $19.66.
A number of brokerages have commented on CROMF. TD Securities upgraded Crombie Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Monday, February 28th. Canaccord Genuity Group lowered Crombie Real Estate Investment Trust from a “buy” rating to a “hold” rating and set a C$19.25 price objective for the company. in a research report on Wednesday, April 6th.
Shares of OTCMKTS CROMF opened at $13.70 on Friday. Crombie Real Estate Investment Trust has a one year low of $13.20 and a one year high of $15.05. The business has a 50-day moving average price of $14.29 and a two-hundred day moving average price of $14.20.
Crombie Real Estate Investment Trust ("Crombie") is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. Crombie is one of the country's leading national retail property landlords with a strategy to own, operate and develop a portfolio of high-quality grocery- and pharmacy-anchored shopping centres, freestanding stores and mixed-use developments primarily in Canada's top urban and suburban markets.
- Get a free copy of the StockNews.com research report on Crombie Real Estate Investment Trust (CROMF)
- Why is Chevron Stock Falling After Strong Earnings?
- MarketBeat: Week in Review 4/25 – 4/29
- Apple’s Numbers Complete Trifecta
- Rogers Communication Stock Should Be Launching Higher
- Iridium Communications Stock is Ready to Return to Orbit
Receive News & Ratings for Crombie Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crombie Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.