Cominar REIT (TSE:CUF.UN) has earned an average rating of “Buy” from the eleven analysts that are presently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$14.58.
A number of analysts have recently issued reports on the company. Desjardins boosted their target price on Cominar REIT from C$14.00 to C$15.00 and gave the stock a “hold” rating in a report on Tuesday, January 9th. Scotiabank boosted their target price on Cominar REIT from C$14.25 to C$14.50 and gave the stock a “sector perform” rating in a report on Tuesday, December 19th. Royal Bank of Canada boosted their target price on Cominar REIT from C$14.00 to C$14.50 and gave the stock a “sector perform” rating in a report on Wednesday, December 20th. National Bank Financial reiterated an “outperform” rating and set a C$15.75 target price on shares of Cominar REIT in a report on Wednesday, December 20th. Finally, TD Securities cut Cominar REIT from a “buy” rating to a “hold” rating and set a C$15.00 target price for the company. in a report on Thursday, December 21st.
CUF.UN traded down C$0.05 during midday trading on Monday, hitting C$13.13. The company’s stock had a trading volume of 194,740 shares, compared to its average volume of 508,252. Cominar REIT has a 52-week low of C$11.84 and a 52-week high of C$14.95.
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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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