BMO Capital Markets Reaffirms Market Perform Rating for SmartCentres Real Estate Investment Trst (SRU.UN)

BMO Capital Markets reiterated their market perform rating on shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN) in a report released on Monday morning. They currently have a C$33.00 target price on the stock.

SRU.UN has been the subject of a number of other research reports. Royal Bank of Canada downgraded shares of SmartCentres Real Estate Investment Trst from a top pick rating to an outperform rating and set a C$36.00 price target for the company. in a research note on Wednesday, February 6th. National Bank Financial reiterated a sector perform rating and issued a C$32.00 price target on shares of SmartCentres Real Estate Investment Trst in a research note on Tuesday, January 15th. TD Securities lifted their price target on shares of SmartCentres Real Estate Investment Trst from C$31.00 to C$32.00 and gave the stock a hold rating in a research note on Thursday, January 24th. Finally, Desjardins reiterated an average rating and issued a C$34.00 price target on shares of SmartCentres Real Estate Investment Trst in a research note on Wednesday, December 19th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of C$33.06.

Shares of SmartCentres Real Estate Investment Trst stock opened at C$33.43 on Monday. SmartCentres Real Estate Investment Trst has a 52-week low of C$28.56 and a 52-week high of C$33.30. The company has a quick ratio of 0.08, a current ratio of 0.18 and a debt-to-equity ratio of 83.34. The company has a market capitalization of $4.49 billion and a P/E ratio of 13.41.

SmartCentres Real Estate Investment Trst Company Profile

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.4 billion. It owns and manages 34 million square feet of retail space in value oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.

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

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