Shares of RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Rating) have been given an average recommendation of “Moderate Buy” by the eight research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $25.86.
Several equities analysts have commented on RIOCF shares. National Bank Financial lowered their price objective on shares of RioCan Real Estate Investment Trust from C$27.00 to C$23.00 in a research report on Wednesday, July 20th. Canaccord Genuity Group upgraded shares of RioCan Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Thursday, August 11th.
RioCan Real Estate Investment Trust Stock Down 0.5 %
RIOCF opened at $15.05 on Monday. The company has a fifty day moving average of $15.77 and a 200 day moving average of $17.29. RioCan Real Estate Investment Trust has a fifty-two week low of $14.68 and a fifty-two week high of $20.63.
RioCan Real Estate Investment Trust Increases Dividend
RioCan Real Estate Investment Trust Company Profile
RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.4 million square feet (at RioCan's interest) including office, residential rental and 16 development properties.
- Get a free copy of the StockNews.com research report on RioCan Real Estate Investment Trust (RIOCF)
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