Royal Bank of Canada increased their price objective on Interrent Real Estate Investment Trust from C$8.25 to C$8.50 and gave the company a sector perform rating in a report on Tuesday. Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Pure Industrial Real Estate Trust (TSE:AAR.UN) had its price target upped by CIBC from C$6.25 to C$7.00 in a report published on Friday. Analysts are projecting the stock to trade at $18.50 within the next 12-18 months.
Pennsylvania Real Estate Investment Trust (NYSE:PEI) plunged -0.96% with the closing price of $10.35. The Company invests in real estate assets in the markets of central Birmingham and the Midlands.
InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. We see here that the stock is -21.61% away from the 20-Day Simple Moving Average. Trutina Financial LLC now owns 87,550 shares of the real estate investment trust's stock worth $521,000 after buying an additional 940 shares in the last quarter. Its sales stood at -0.90% a year on average in the period of last five years. They now have a Dollars 22 price target on the stock.More news: Cyber-Security Experts Fear the Progression Of 'WannaCry' Ransomware
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Kornack now anticipates that the company will earn $0.41 per share for the year, down from their prior estimate of $0.43. Investors Real Estate Trust had a net margin of 19.93% and a return on equity of 0.03%.
04/05/2016 - Mistubishi UFJ began new coverage on Pennsylvania Real Estate Investment Trust giving the company a "overweight" rating. If you are accessing this report on another domain, it was copied illegally and republished in violation of USA & global trademark & copyright laws. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains.
The legal version of this piece can be accessed at https://www.com-unik.info/2017/05/18/pure-industrial-real-estate-trust-aar-un-pt-raised-to-c7-00.html. Its segments include Multifamily, Healthcare and All Other. The REIT is engaged in the business of acquiring and owning industrial investment properties located in the United States.