RioCan Real Estate Investment Trust (OTCMKTS:RIOCF) PT Raised to C$25.50 at Desjardins

RioCan Real Estate Investment Trust (OTCMKTS:RIOCF – Get Rating) had its price objective upped by equities researchers at Desjardins from C$25.00 to C$25.50 in a report released on Friday, The Fly reports.

Several other research firms have also commented on RIOCF. National Bank Financial raised their price objective on RioCan Real Estate Investment Trust from C$23.00 to C$24.00 in a research report on Monday, January 30th. Scotiabank cut their price objective on RioCan Real Estate Investment Trust from C$26.25 to C$26.00 in a research report on Friday, February 17th. Finally, TD Securities raised their price objective on RioCan Real Estate Investment Trust from C$25.00 to C$26.00 in a research report on Friday, February 17th.

RioCan Real Estate Investment Trust Price Performance

OTCMKTS:RIOCF opened at $15.13 on Friday. The business’s 50-day moving average is $15.30 and its two-hundred day moving average is $15.70. RioCan Real Estate Investment Trust has a 12 month low of $12.99 and a 12 month high of $18.38.

About RioCan Real Estate Investment Trust

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RioCan Real Estate Investment Trust is a closed-end trust engaged in owning, development, and management of retail-focused properties. Its property portfolio includes mixed-use or urban, grocery anchored, open air, and enclosed centers. The company was founded by Edward Sonshine on July 10, 1981 and is headquartered in Toronto, Canada.