Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Given Consensus Rating of “Buy” by Analysts

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) has earned an average recommendation of “Buy” from the six analysts that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$21.71.

Separately, National Bankshares set a C$23.00 price objective on Flagship Communities Real Estate Investment Trust and gave the stock an “outperform” rating in a report on Wednesday, October 8th.

Flagship Communities Real Estate Investment Trust Price Performance

TSE:MHC.UN opened at C$27.70 on Friday. Flagship Communities Real Estate Investment Trust has a one year low of C$20.18 and a one year high of C$27.70. The company has a market cap of C$537.44 million, a PE ratio of 5.64 and a beta of 0.30. The firm has a 50-day moving average of C$25.71 and a 200-day moving average of C$25.51.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets, all of which are located in The United States. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions.