Raymond James Cuts Flagship Communities Real Estate Investment Trust (OTCMKTS:FLGMF) Price Target to C$22.00

Flagship Communities Real Estate Investment Trust (OTCMKTS:FLGMFGet Rating) had its price target cut by Raymond James from C$23.00 to C$22.00 in a research report sent to investors on Wednesday, The Fly reports.

Separately, National Bank Financial cut their price target on Flagship Communities Real Estate Investment Trust from C$21.00 to C$19.00 in a report on Monday, October 24th.

Flagship Communities Real Estate Investment Trust Trading Up 0.9 %

Shares of FLGMF stock opened at $15.44 on Wednesday. The stock’s fifty day simple moving average is $14.38 and its 200-day simple moving average is $15.93. Flagship Communities Real Estate Investment Trust has a 1-year low of $12.85 and a 1-year high of $20.40.

About Flagship Communities Real Estate Investment Trust

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Flagship Communities Real Estate Investment Trust is a newly-created, 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 has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio and Tennessee; including a fleet of manufactured homes for lease to residents of such housing communities.

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