Cominar REIT (TSE:CUF.UN) has earned an average rating of “Hold” from the seven analysts that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is C$13.93.
Several research firms have recently issued reports on CUF.UN. BMO Capital Markets set a C$13.50 price objective on Cominar REIT and gave the company a “market perform” rating in a research note on Tuesday, August 8th. Royal Bank Of Canada lowered their price objective on Cominar REIT from C$15.00 to C$14.00 and set a “sector perform” rating for the company in a research note on Monday, May 15th. CIBC decreased their target price on shares of Cominar REIT from C$14.50 to C$14.00 in a research report on Friday, May 12th. Scotiabank decreased their target price on shares of Cominar REIT from C$13.75 to C$13.25 and set a “sector perform” rating for the company in a research report on Tuesday, August 8th. Finally, TD Securities decreased their target price on shares of Cominar REIT from C$15.00 to C$14.50 and set a “buy” rating for the company in a research report on Wednesday, July 5th.
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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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