Interrent Real Estate Investment Trust (TSE:IIP.UN) had its price objective upped by investment analysts at Raymond James Financial, Inc. from C$8.50 to C$9.50 in a research report issued to clients and investors on Wednesday. The brokerage presently has an “outperform” rating on the real estate investment trust’s stock. Raymond James Financial, Inc.’s price target would suggest a potential upside of 6.62% from the stock’s current price.

IIP.UN has been the topic of a number of other reports. Scotiabank raised their price target on shares of Interrent Real Estate Investment Trust from C$8.25 to C$9.10 and gave the company a “sector perform” rating in a research note on Wednesday, November 15th. National Bank Financial raised their price target on shares of Interrent Real Estate Investment Trust from C$8.75 to C$9.00 and gave the company an “outperform” rating in a research note on Tuesday, October 31st. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$9.00 price target on shares of Interrent Real Estate Investment Trust in a research note on Tuesday, August 1st. Interrent Reit Tr.Uts raised their price target on shares of Interrent Real Estate Investment Trust from C$8.50 to C$8.75 and gave the company a “sector perform” rating in a research note on Monday, July 31st. Finally, Royal Bank Of Canada raised their price target on shares of Interrent Real Estate Investment Trust from C$8.50 to C$8.75 and gave the company a “sector perform” rating in a research note on Friday, July 28th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$9.28.

Shares of Interrent Real Estate Investment Trust (TSE IIP.UN) opened at C$8.91 on Wednesday. Interrent Real Estate Investment Trust has a 12 month low of C$6.97 and a 12 month high of C$8.97.

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Interrent Real Estate Investment Trust Company Profile

InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).

Analyst Recommendations for Interrent Real Estate Investment Trust (TSE:IIP.UN)

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