Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Price Target Increased to C$70.00 by Analysts at BMO Capital Markets

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF – Get Rating) had its price objective boosted by BMO Capital Markets from C$64.00 to C$70.00 in a research note published on Monday, The Fly reports.

Other equities research analysts also recently issued reports about the stock. Scotiabank boosted their target price on shares of Boardwalk Real Estate Investment Trust to C$70.00 in a research report on Thursday, May 11th. CIBC upped their price objective on shares of Boardwalk Real Estate Investment Trust from C$56.00 to C$64.00 in a research note on Monday, February 27th. TD Securities raised their target price on shares of Boardwalk Real Estate Investment Trust from C$67.00 to C$74.00 in a research report on Thursday, May 11th. Royal Bank of Canada increased their price target on shares of Boardwalk Real Estate Investment Trust from C$69.00 to C$74.00 in a research note on Thursday, May 11th. Finally, National Bank Financial raised their price objective on shares of Boardwalk Real Estate Investment Trust from C$68.00 to C$74.00 in a research note on Tuesday, April 18th.

Boardwalk Real Estate Investment Trust Trading Up 2.4 %

Shares of OTCMKTS:BOWFF opened at $47.37 on Monday. The stock has a market capitalization of $2.17 billion, a PE ratio of 8.72 and a beta of 1.36. The company’s 50-day moving average price is $42.44 and its two-hundred day moving average price is $40.18. Boardwalk Real Estate Investment Trust has a one year low of $31.78 and a one year high of $47.37. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.04 and a quick ratio of 0.04.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF – Get Rating) last posted its quarterly earnings results on Tuesday, May 9th. The financial services provider reported $3.58 earnings per share (EPS) for the quarter. The business had revenue of $96.54 million for the quarter. Boardwalk Real Estate Investment Trust had a net margin of 82.87% and a return on equity of 11.95%.

About Boardwalk Real Estate Investment Trust

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Boardwalk Real Estate Investment Trust engages in the acquisition, refurbishment, management, ownership, and development of multi-family residential communities. It offers residential units located in Alberta, Saskatchewan, Ontario, and Quebec. The company was founded by Sam Kolias and Van Kolias in 1984 and is headquartered in Calgary, Canada.