CT Real Estate Investment Trust (OTCMKTS:CTRRF) Given New C$18.00 Price Target at Desjardins

CT Real Estate Investment Trust (OTCMKTS:CTRRF – Get Rating) had its price objective decreased by stock analysts at Desjardins from C$18.50 to C$18.00 in a report issued on Monday, The Fly reports.

Separately, National Bank Financial lifted their price target on shares of CT Real Estate Investment Trust from C$19.50 to C$20.00 in a research note on Wednesday, April 27th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $18.80.

Shares of OTCMKTS:CTRRF remained flat at $$13.89 during midday trading on Monday. The stock’s 50 day moving average is $13.94 and its 200 day moving average is $13.56. CT Real Estate Investment Trust has a twelve month low of $12.87 and a twelve month high of $14.52.

About CT Real Estate Investment Trust (Get Rating)

CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. Its portfolio is comprised of over 350 properties totaling approximately 29 million square feet of GLA, consisting primarily of net leased single-tenant retail properties located across Canada.

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