SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Price Target Raised to C$25.25 at National Bankshares

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) had its price target raised by National Bankshares from C$25.00 to C$25.25 in a research report report published on Monday,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Separately, Scotiabank raised their price objective on shares of SmartCentres Real Estate Investment Trst from C$26.00 to C$26.75 in a research note on Monday, May 12th.

SmartCentres Real Estate Investment Trst Stock Performance

Shares of SRU.UN stock opened at C$25.88 on Monday. SmartCentres Real Estate Investment Trst has a 52-week low of C$23.18 and a 52-week high of C$27.50. The company has a debt-to-equity ratio of 80.88, a quick ratio of 0.10 and a current ratio of 0.17. The firm has a market capitalization of C$3.74 billion, a PE ratio of 15.78 and a beta of 1.25. The stock has a fifty day simple moving average of C$25.65 and a two-hundred day simple moving average of C$25.38.

SmartCentres Real Estate Investment Trst Company Profile

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.