Morguard Real Estate Inv. (TSE:MRT.UN) had its target price lowered by TD Securities from C$15.50 to C$15.00 in a research report report published on Friday. The firm currently has a hold rating on the stock.

MRT.UN has been the subject of a number of other reports. BMO Capital Markets cut their price target on shares of Morguard Real Estate Inv. from C$16.85 to C$15.25 and set a market perform rating for the company in a report on Wednesday, August 9th. Royal Bank Of Canada cut their price target on shares of Morguard Real Estate Inv. from C$16.00 to C$15.00 and set a sector perform rating for the company in a report on Wednesday, August 9th. Finally, Scotiabank cut their price target on shares of Morguard Real Estate Inv. from C$16.00 to C$15.00 and set a sector perform rating for the company in a report on Monday, August 14th.

Shares of Morguard Real Estate Inv. (MRT.UN) opened at C$13.91 on Friday. Morguard Real Estate Inv. has a 1-year low of C$13.42 and a 1-year high of C$16.00.

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Morguard Real Estate Inv. Company Profile

Morguard Real Estate Investment Trust (the Trust) is a Canada-based closed-end trust. The Trust’s objective is to accumulate a Canadian portfolio of real estate assets and then manage the portfolio to generate steady, dependable returns to unitholders. It owns a real estate portfolio of approximately 50 commercial properties consisting of approximately nine million square feet of gross leasable area located in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec.

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