Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Reaches New 12-Month High at $52.62

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $52.62 and last traded at $52.28, with a volume of 633 shares. The stock had previously closed at $52.06.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on BOWFF shares. BMO Capital Markets upped their target price on Boardwalk Real Estate Investment Trust from C$70.00 to C$74.00 in a research report on Monday, August 14th. Scotiabank raised their target price on shares of Boardwalk Real Estate Investment Trust from C$70.00 to C$76.00 in a report on Thursday, August 17th. Royal Bank of Canada upped their price target on shares of Boardwalk Real Estate Investment Trust from C$74.00 to C$77.00 in a report on Monday, August 14th. National Bank Financial lifted their price objective on Boardwalk Real Estate Investment Trust from C$77.00 to C$79.00 in a research note on Monday, August 14th. Finally, TD Securities upped their target price on Boardwalk Real Estate Investment Trust from C$77.00 to C$80.00 in a research note on Monday, August 14th.

Boardwalk Real Estate Investment Trust Trading Up 0.4 %

The company’s 50-day moving average is $49.90 and its 200 day moving average is $45.95. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.71.

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) last released its quarterly earnings results on Thursday, August 10th. The financial services provider reported $3.78 earnings per share for the quarter. The company had revenue of $99.88 million during the quarter. Boardwalk Real Estate Investment Trust had a return on equity of 14.30% and a net margin of 98.86%.

Boardwalk Real Estate Investment Trust Company Profile

Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 33,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.