BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Shares Down 0.9% – Here’s What Happened

Shares of BSR Real Estate Investment Trust (OTCMKTS:BSRTF) were down 0.9% during trading on Wednesday . The company traded as low as $11.49 and last traded at $11.50. Approximately 9,719 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 21,850 shares. The stock had previously closed at $11.60.

Analyst Ratings Changes

Separately, Royal Bank Of Canada lowered BSR Real Estate Investment Trust to a “sector perform” rating and set a $13.00 price objective for the company. in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $13.00.

BSR Real Estate Investment Trust Trading Up 2.5%

The company has a 50-day moving average price of $11.61 and a 200-day moving average price of $11.94.

BSR Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States.