SmartCentres Real Estate Investment Trst (TSE:SRU.UN) was upgraded by analysts at Raymond James Financial from a “market perform” rating to an “outperform” rating in a research report issued on Monday.

Several other brokerages also recently weighed in on SRU.UN. Royal Bank of Canada upgraded SmartCentres Real Estate Investment Trst from an “outperform” rating to a “top pick” rating in a research note on Thursday, December 14th. Canaccord Genuity dropped 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. Finally, TD Securities dropped 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. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. SmartCentres Real Estate Investment Trst currently has a consensus rating of “Buy” and an average target price of C$33.63.

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) opened at C$30.92 on Monday. SmartCentres Real Estate Investment Trst has a one year low of C$28.77 and a one year high of C$33.99. The firm has a market capitalization of $4,100.00, a price-to-earnings ratio of 14.18 and a beta of 0.16.

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About SmartCentres Real Estate Investment Trst

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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