InterRent REIT (TSE:IIP) Receives Average Recommendation of “Reduce” from Brokerages

InterRent REIT (TSE:IIPGet Free Report) has earned a consensus recommendation of “Reduce” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating and five have issued a hold rating on the company.

A number of research firms have issued reports on IIP. TD Securities downgraded InterRent REIT from a “hold” rating to a “strong sell” rating in a research report on Monday, July 14th. Desjardins downgraded InterRent REIT from a “hold” rating to a “strong sell” rating in a research report on Sunday, August 10th.

Read Our Latest Analysis on InterRent REIT

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

(Get Free Report)

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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Analyst Recommendations for InterRent REIT (TSE:IIP)

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