Cominar REIT (CUF.UN) Price Target Lowered to C$15.00 at National Bank Financial
Cominar REIT (TSE:CUF.UN) had its price target reduced by National Bank Financial from C$15.25 to C$15.00 in a report issued on Monday morning. They currently have an outperform rating on the real estate investment trust’s stock.
Other equities research analysts have also recently issued research reports about the company. Royal Bank Of Canada cut their price target on Cominar REIT from C$14.00 to C$13.00 and set a sector perform rating on the stock in a report on Thursday, August 17th. BMO Capital Markets reiterated an outperform rating and set a C$15.00 price objective on shares of Cominar REIT in a research note on Tuesday, September 5th. Scotiabank raised their price objective on shares of Cominar REIT from C$13.25 to C$14.00 and gave the company a sector perform rating in a research note on Friday, August 25th. Canaccord Genuity lowered their price objective on shares of Cominar REIT from C$14.00 to C$13.00 in a research note on Tuesday, August 8th. Finally, Eight Capital upgraded shares of Cominar REIT from a neutral rating to a buy rating in a research note on Tuesday, August 22nd. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Cominar REIT presently has an average rating of Buy and a consensus price target of C$14.43.
Cominar REIT (TSE:CUF.UN) traded down C$0.03 on Monday, hitting C$14.05. The stock had a trading volume of 155,015 shares, compared to its average volume of 423,064. Cominar REIT has a 52 week low of C$11.84 and a 52 week high of C$15.09.
Cominar REIT Company Profile
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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