Slate Office REIT (TSE:SOT.UN – Get Free Report) had its target price reduced by CIBC from C$1.00 to C$0.75 in a note issued to investors on Monday, BayStreet.CA reports. The firm currently has a “neutral” rating on the stock. CIBC’s price objective would suggest a potential upside of 11.94% from the company’s current price.
Other equities analysts also recently issued research reports about the company. Cormark upgraded Slate Office REIT from a “reduce” rating to a “market perform” rating in a research report on Friday, March 8th. TD Securities dropped their price target on shares of Slate Office REIT from C$0.80 to C$0.75 in a research note on Wednesday, April 24th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of C$0.90.
Check Out Our Latest Research Report on SOT.UN
Slate Office REIT Trading Up 1.5 %
About Slate Office REIT
Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.
Read More
- Five stocks we like better than Slate Office REIT
- Quiet Period Expirations Explained
- Garmin Navigates to New Highs Driven By Wearables Trend
- CD Calculator: Certificate of Deposit Calculator
- Pinterest Prospers From AI Boosting Shop-Ability and Relevance
- What Are Dividends? Buy the Best Dividend Stocks
- AbbVie Tracking for New Highs in 2024
Receive News & Ratings for Slate Office REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slate Office REIT and related companies with MarketBeat.com's FREE daily email newsletter.