SmartCentres Real Estate Investment Trst (TSE:SRU.UN) was upgraded by Royal Bank of Canada from an “outperform” rating to a “top pick” rating in a report issued on Thursday.

SRU.UN has been the topic of several other reports. TD Securities reduced their target price on SmartCentres Real Estate Investment Trst from C$34.00 to C$33.00 and set a “hold” rating on the stock in a research note on Thursday, November 9th. Canaccord Genuity reduced their target price on SmartCentres Real Estate Investment Trst from C$35.50 to C$32.50 in a research note on Monday, October 30th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of C$33.63.

Shares of SmartCentres Real Estate Investment Trst (TSE SRU.UN) opened at C$31.17 on Thursday. SmartCentres Real Estate Investment Trst has a 12-month low of C$28.77 and a 12-month high of C$33.99.

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SmartCentres Real Estate Investment Trst Company Profile

SmartCentres Real Estate Investment Trust, formerly Smart REIT, is a Canada-based real estate investment trust. The Company owns and manages approximately 30 million square feet in value-oriented, principally Walmart-anchored retail centers, having national and regional retailers as well as neighborhood merchants.

Analyst Recommendations for SmartCentres Real Estate Investment Trst (TSE:SRU.UN)

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