CT Real Estate Investment Trust (CRT.UN) Given Outperform Rating at BMO Capital Markets
CT Real Estate Investment Trust (TSE:CRT.UN)‘s stock had its “outperform” rating reissued by equities researchers at BMO Capital Markets in a note issued to investors on Monday. They presently have a C$16.00 price objective on the real estate investment trust’s stock. BMO Capital Markets’ price target points to a potential upside of 19.58% from the company’s previous close.
Several other equities research analysts also recently commented on CRT.UN. National Bank Financial reissued an “outperform” rating and issued a C$14.50 target price on shares of CT Real Estate Investment Trust in a report on Wednesday, January 16th. TD Securities upgraded CT Real Estate Investment Trust from a “hold” rating to a “buy” rating and set a C$14.50 price objective for the company in a research report on Monday, January 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. CT Real Estate Investment Trust currently has an average rating of “Buy” and a consensus price target of C$14.92.
Shares of CT Real Estate Investment Trust stock opened at C$13.38 on Monday. CT Real Estate Investment Trust has a one year low of C$12.50 and a one year high of C$15.35.
CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed end real estate investment trust formed to own income producing commercial properties primarily located in Canada. Its portfolio is comprised of over 325 properties totaling approximately 26 million square feet of GLA, consisting primarily of retail properties located across Canada.
Read More: How to Use a Moving Average for Trading
Receive News & Ratings for CT Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CT Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.