Northview Apartment Reit (NVU.UN) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Northview Apartment Reit (TSE:NVU.UN) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is C$24.75.
A number of brokerages have recently issued reports on NVU.UN. Desjardins reaffirmed a “buy” rating and set a C$25.50 price target on shares of Northview Apartment Reit in a report on Tuesday, November 7th. CIBC upped their price target on Northview Apartment Reit from C$25.50 to C$27.00 in a report on Monday, December 11th. Scotiabank upped their price target on Northview Apartment Reit from C$23.00 to C$25.50 and gave the company a “sector perform” rating in a report on Friday, November 10th. Royal Bank of Canada upped their price target on Northview Apartment Reit from C$24.00 to C$26.00 and gave the company a “sector perform” rating in a report on Thursday, November 9th. Finally, TD Securities upped their price target on Northview Apartment Reit from C$23.00 to C$25.00 and gave the company a “hold” rating in a report on Thursday, November 9th.
Shares of Northview Apartment Reit (TSE NVU.UN) opened at C$24.47 on Friday. Northview Apartment Reit has a 1-year low of C$19.83 and a 1-year high of C$25.65.
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