Bsr Real Estate Investment Trust (TSE:HOM.U – Get Rating) had its price target decreased by research analysts at Royal Bank of Canada from C$24.00 to C$23.50 in a report issued on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 36.63% from the company’s previous close.
Several other brokerages also recently weighed in on HOM.U. Raymond James set a C$24.00 price target on Bsr Real Estate Investment Trust and gave the stock a “strong-buy” rating in a research report on Thursday. National Bankshares increased their price target on Bsr Real Estate Investment Trust from C$21.50 to C$24.50 and gave the stock an “outperform” rating in a research report on Thursday, March 10th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Bsr Real Estate Investment Trust currently has a consensus rating of “Buy” and an average target price of C$19.69.
Shares of HOM.U opened at C$17.20 on Thursday. The business’s 50-day moving average is C$19.86 and its two-hundred day moving average is C$18.43. The company has a market capitalization of C$539.79 million and a P/E ratio of 1.46. The company has a debt-to-equity ratio of 187.07, a quick ratio of 0.29 and a current ratio of 0.56. Bsr Real Estate Investment Trust has a fifty-two week low of C$11.56 and a fifty-two week high of C$22.17.
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 and secondary markets in the Sunbelt region of the United States.
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