Cominar REIT (TSE:CUF.UN)‘s stock had its “outperform” rating restated by BMO Capital Markets in a research report issued to clients and investors on Wednesday. They presently have a C$15.00 price objective on the real estate investment trust’s stock.
Other equities analysts have also recently issued research reports about the company. Canaccord Genuity cut their price target on Cominar REIT from C$14.00 to C$13.00 in a report on Tuesday, August 8th. Scotiabank cut their price target on Cominar REIT from C$14.50 to C$14.00 in a report on Friday, May 12th. CIBC cut their price target on Cominar REIT from C$14.50 to C$14.00 in a report on Friday, May 12th. TD Securities cut their price target on Cominar REIT from C$15.00 to C$14.50 and set a “buy” rating for the company in a report on Wednesday, July 5th. Finally, Eight Capital raised Cominar REIT from a “neutral” rating to a “buy” rating in a report on Tuesday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$14.14.
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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