SmartCentres (TSE:SRU.UN) had its price objective reduced by Desjardins from C$34.00 to C$33.00 in a research note published on Monday morning.

Other equities analysts also recently issued research reports about the company. National Bank Financial cut their target price on SmartCentres from C$34.00 to C$32.00 and set an outperform rating on the stock in a research report on Thursday, May 10th. Raymond James cut their target price on SmartCentres from C$33.00 to C$32.00 and set an outperform rating on the stock in a research report on Friday, May 11th. Finally, Scotiabank cut their target price on SmartCentres from C$35.00 to C$34.00 and set an outperform rating on the stock in a research report on Thursday, February 22nd. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of C$32.93.

TSE:SRU.UN opened at C$28.61 on Monday. SmartCentres has a 1 year low of C$28.56 and a 1 year high of C$33.30.

About SmartCentres

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 (TSE:SRU.UN)

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