CT Real Estate Investment Trust (OTCMKTS:CTRRF) Price Target Cut to C$17.00

CT Real Estate Investment Trust (OTCMKTS:CTRRFGet Rating) had its price objective dropped by research analysts at BMO Capital Markets from C$18.00 to C$17.00 in a research note issued on Wednesday, The Fly reports.

Other equities analysts also recently issued reports about the stock. Royal Bank of Canada boosted their target price on shares of CT Real Estate Investment Trust from C$17.50 to C$18.00 in a report on Friday, August 12th. National Bank Financial lowered their target price on shares of CT Real Estate Investment Trust from C$18.00 to C$17.50 in a report on Monday, October 24th.

CT Real Estate Investment Trust Trading Down 0.6 %

OTCMKTS CTRRF opened at $11.83 on Wednesday. CT Real Estate Investment Trust has a 12-month low of $10.99 and a 12-month high of $14.52. The firm’s 50 day moving average is $12.18 and its 200-day moving average is $12.99.

CT Real Estate Investment Trust Company Profile

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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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