SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Stock Price Expected to Rise, National Bankshares Analyst Says

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) had its price target lifted by National Bankshares from C$25.25 to C$27.10 in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 3.91% from the stock’s current price.

Other research analysts also recently issued reports about the stock. Royal Bank Of Canada lifted their price target on shares of SmartCentres Real Estate Investment Trst from C$28.00 to C$29.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. Scotiabank lifted their target price on shares of SmartCentres Real Estate Investment Trst from C$26.75 to C$27.50 and gave the stock a “sector perform” rating in a research note on Tuesday, August 12th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$27.93.

SmartCentres Real Estate Investment Trst Trading Down 0.7%

SRU.UN stock opened at C$26.08 on Wednesday. The company has a market capitalization of C$4.45 billion, a PE ratio of 19.31 and a beta of 0.81. SmartCentres Real Estate Investment Trst has a one year low of C$23.18 and a one year high of C$27.21. The company’s 50 day moving average price is C$26.55 and its two-hundred day moving average price is C$25.81. The company has a debt-to-equity ratio of 80.88, a quick ratio of 0.10 and a current ratio of 0.17.

SmartCentres Real Estate Investment Trst Company Profile

SmartCentres Real Estate Investment Trust is a canadian fully integrated commercial and residential REITs, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under it’s wholly-owned residential sub-brand, SmartLiving.