Cominar REIT (TSE:CUF.UN)‘s stock had its “outperform” rating reissued by stock analysts at BMO Capital Markets in a research report issued on Tuesday. They presently have a C$15.00 price target on the real estate investment trust’s stock.
Other equities research analysts have also issued reports about the company. Canaccord Genuity cut their price objective on Cominar REIT from C$14.00 to C$13.00 in a research note on Tuesday, August 8th. Scotiabank lowered their target price on Cominar REIT from C$14.50 to C$14.00 in a report on Friday, May 12th. CIBC lowered their target price on Cominar REIT from C$14.50 to C$14.00 in a report on Friday, May 12th. TD Securities lowered their target price on Cominar REIT from C$15.00 to C$14.50 and set a “buy” rating on the stock in a report on Wednesday, July 5th. Finally, Eight Capital upgraded Cominar REIT from a “neutral” rating to a “buy” rating in a report on Tuesday, August 22nd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$14.50.
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Cominar REIT Company Profile
Cominar REIT is a Canada-based real estate investment trust (REIT). The Company is a commercial property owner and manager in the province of Quebec. Its segments include Office, Retail, and Industrial and mixed-use. Its activities include a portfolio of three property types, including office properties, retail properties, and industrial and mixed-use properties located in Canadian provinces.
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