Bsr Real Estate Investment Trust (TSE:HOM.U) Given New C$13.00 Price Target at Desjardins

Bsr Real Estate Investment Trust (TSE:HOM.U) had its price target decreased by Desjardins from C$14.00 to C$13.00 in a report issued on Friday,BayStreet.CA reports. Desjardins currently has a buy rating on the stock.

Several other research firms have also recently commented on HOM.U. National Bank Financial lowered their target price on shares of Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a “sector perform” rating for the company in a research note on Friday. TD Securities reduced their price target on Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set a “buy” rating on the stock in a research note on Friday, December 12th. Finally, Scotiabank raised their price objective on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$13.30.

Bsr Real Estate Investment Trust Stock Performance

TSE:HOM.U opened at C$11.50 on Friday. The company has a debt-to-equity ratio of 161.52, a current ratio of 0.12 and a quick ratio of 0.45. The firm has a market cap of C$385.32 million, a PE ratio of -18.78 and a beta of 0.77. The firm has a 50 day simple moving average of C$12.38 and a 200-day simple moving average of C$12.25. Bsr Real Estate Investment Trust has a 1-year low of C$11.15 and a 1-year high of C$13.58.

Bsr Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 16th will be issued a dividend of $0.0467 per share. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Saturday, February 28th. Bsr Real Estate Investment Trust’s dividend payout ratio is presently -91.53%.

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 and secondary markets in the Sunbelt region of the United States.