Scotiabank reiterated their sector perform rating on shares of Crombie Real Estate Investment Trust (TSE:CRR.UN) in a report released on Friday morning. They currently have a C$16.00 price objective on the stock.

Analyst Recommendations for Crombie Real Estate Investment Trust (TSE:CRR.UN)

CRR.UN has been the subject of a number of other reports. Desjardins reiterated a buy rating and issued a C$16.50 price target on shares of Crombie Real Estate Investment Trust in a report on Monday, August 8th. Royal Bank Of Canada boosted their price target on Crombie Real Estate Investment Trust from C$15.00 to C$16.00 and gave the company a sector perform rating in a report on Monday, August 8th. TD Securities boosted their price objective on Crombie Real Estate Investment Trust from C$14.50 to C$15.00 and gave the company a hold rating in a research report on Wednesday, June 1st. BMO Capital Markets boosted their price objective on Crombie Real Estate Investment Trust from C$16.00 to C$16.50 and gave the company an outperform rating in a research report on Tuesday, August 9th. Finally, National Bank Financial restated an outperform rating and set a C$15.75 price objective on shares of Crombie Real Estate Investment Trust in a research report on Wednesday, June 1st. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of C$15.87.

Crombie Real Estate Investment Trust Company Profile

Crombie Real Estate Investment Trust (Crombie) is a Canada-based unincorporated open-ended real estate investment trust (REIT). Crombie invests in income-producing retail, office and mixed use properties in Canada. Crombie focuses on grocery-anchored and drug store-anchored retail properties. Crombie owns a portfolio of over 260 commercial properties in over 10 provinces, including approximately 17.7 million square feet of gross leasable area (GLA).

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