H&R Real Estate Investment Trust (TSE:HR.UN) Given a C$12.00 Price Target at National Bank Financial

National Bank Financial set a C$12.00 target price on H&R Real Estate Investment Trust (TSE:HR.UN) in a report issued on Monday,BayStreet.CA reports. The brokerage currently has an outperform rating on the real estate investment trust’s stock.

Separately, TD Securities dropped their price target on H&R Real Estate Investment Trust from C$12.00 to C$11.50 and set a “buy” rating for the company in a research note on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, H&R Real Estate Investment Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of C$12.00.

H&R Real Estate Investment Trust Stock Down 1.9%

Shares of HR.UN opened at C$10.31 on Monday. H&R Real Estate Investment Trust has a fifty-two week low of C$9.39 and a fifty-two week high of C$12.77. The company’s fifty day moving average is C$10.28 and its two-hundred day moving average is C$10.58. The firm has a market cap of C$2.73 billion, a PE ratio of -3.42 and a beta of 0.68. The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68.

H&R Real Estate Investment Trust (TSE:HR.UN) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported C($1.19) EPS for the quarter. The firm had revenue of C$203.75 million for the quarter. H&R Real Estate Investment Trust had a negative return on equity of 4.16% and a negative net margin of 20.83%. Analysts forecast that H&R Real Estate Investment Trust will post 1.3814956 earnings per share for the current year.

H&R Real Estate Investment Trust Company Profile

H&R REIT is one of Canada’s largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 21.3 million square feet.