TD Securities Forecasts Strong Price Appreciation for Granite Real Estate Investment Trust (TSE:GRT.UN) Stock

Granite Real Estate Investment Trust (TSE:GRT.UN) (NASDAQ:GRP.U) had its price target upped by equities research analysts at TD Securities from C$94.00 to C$96.00 in a research note issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ target price points to a potential upside of 4.38% from the stock’s current price.

GRT.UN has been the topic of several other reports. Royal Bank Of Canada raised their price target on Granite Real Estate Investment Trust from C$88.00 to C$90.00 in a research report on Tuesday, November 11th. BMO Capital Markets increased their price objective on Granite Real Estate Investment Trust from C$84.00 to C$87.00 in a research note on Monday, November 10th. Finally, Raymond James Financial cut shares of Granite Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating and raised their target price for the stock from C$93.00 to C$96.00 in a report on Wednesday, January 14th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Granite Real Estate Investment Trust presently has a consensus rating of “Buy” and a consensus target price of C$93.38.

Granite Real Estate Investment Trust Stock Performance

Granite Real Estate Investment Trust stock opened at C$91.97 on Friday. The firm has a fifty day simple moving average of C$86.35 and a two-hundred day simple moving average of C$80.82. The company has a quick ratio of 1.61, a current ratio of 0.35 and a debt-to-equity ratio of 57.74. Granite Real Estate Investment Trust has a twelve month low of C$55.25 and a twelve month high of C$92.89. The company has a market capitalization of C$5.57 billion, a PE ratio of 19.45 and a beta of 1.29.

Trending Headlines about Granite Real Estate Investment Trust

Here are the key news stories impacting Granite Real Estate Investment Trust this week:

• Positive Sentiment: BMO raised its price target from C$87.00 to C$97.00, signaling increased upside versus the prior target and contributing to bullish broker tone. BayStreet.ca analyst ratings
• Positive Sentiment: CIBC lifted its target to C$98.00 (from C$90.00), reinforcing the positive reassessment of Granite’s outlook. BayStreet.ca analyst ratings
• Positive Sentiment: RBC increased its target to C$100.00 (from C$90.00), the largest raise reported, which supports further upside expectations. BayStreet.ca analyst ratings
• Positive Sentiment: TD Securities trimmed its target range to C$96.00 (from C$94.00) and reiterated a “buy” rating, adding conviction to the upgrade-driven move. BayStreet.ca analyst ratings
• Neutral Sentiment: Granite appears in a broader bullish screen of Canadian stocks for 2026, which can attract momentum investors but is not company-specific news. MSN: 2 Canadian Stocks Primed to Surge in 2026
• Neutral Sentiment: Coverage of investor reaction to Granite renewing its C$250M ATM equity program is mixed—the program provides capital flexibility (positive) but raises potential dilution concerns (negative), so market impact depends on whether management taps the facility. Yahoo Finance: Investors Reacting to Granite REIT ATM Program

Granite Real Estate Investment Trust Company Profile

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, and management of primarily industrial properties in North America and Europe. Granite’s portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company’s assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S.