InterRent REIT (TSE:IIP – Free Report) – Analysts at National Bank Financial cut their FY2026 earnings per share estimates for shares of InterRent REIT in a research note issued on Monday, July 14th. National Bank Financial analyst M. Kornack now anticipates that the company will earn $0.72 per share for the year, down from their previous estimate of $0.73. National Bank Financial currently has a “Hold” rating on the stock.
A number of other equities analysts also recently issued reports on IIP. Canaccord Genuity Group downgraded InterRent REIT from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 27th. TD Securities cut InterRent REIT from a “hold” rating to a “strong sell” rating in a report on Monday. Royal Bank Of Canada cut InterRent REIT from a “moderate buy” rating to a “hold” rating in a report on Monday, June 9th. Desjardins cut InterRent REIT from a “moderate buy” rating to a “hold” rating in a report on Monday, June 2nd. Finally, Raymond James Financial cut InterRent REIT from a “moderate buy” rating to a “hold” rating in a report on Tuesday, May 27th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.
InterRent REIT Price Performance
InterRent REIT has a 52 week low of C$7.31 and a 52 week high of C$10.19.
About InterRent REIT
InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).
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