Bsr Real Estate Investment Trust (TSE:HOM.U) Receives C$19.69 Average Price Target from Brokerages

Bsr Real Estate Investment Trust (TSE:HOM.U – Get Rating) has received an average recommendation of “Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$19.69.

A number of equities research analysts have recently issued reports on HOM.U shares. National Bankshares increased their target price on Bsr Real Estate Investment Trust from C$21.50 to C$24.50 and gave the company an “outperform” rating in a research note on Thursday, March 10th. Raymond James set a C$24.00 target price on Bsr Real Estate Investment Trust and gave the company a “strong-buy” rating in a research note on Thursday, May 12th. Finally, Royal Bank of Canada lowered their target price on Bsr Real Estate Investment Trust from C$24.00 to C$23.50 and set an “outperform” rating for the company in a research note on Thursday, May 12th.

Shares of TSE:HOM.U opened at C$17.32 on Friday. The firm has a market capitalization of C$645.53 million and a PE ratio of 1.47. The company has a debt-to-equity ratio of 187.07, a current ratio of 0.56 and a quick ratio of 0.29. The business has a 50-day moving average of C$19.83 and a two-hundred day moving average of C$18.46. Bsr Real Estate Investment Trust has a 12 month low of C$11.65 and a 12 month high of C$22.17.

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 16th. Shareholders of record on Monday, May 16th were paid a dividend of $0.0433 per share. The ex-dividend date of this dividend was Thursday, April 28th. This represents a $0.52 dividend on an annualized basis and a yield of 3.00%. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is presently 4.26%.

About Bsr Real Estate Investment Trust (Get Rating)

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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