PRO Real Estate Investment Trust (CVE:PRV.UN – Free Report) had its price objective lifted by TD Securities from C$4.75 to C$5.50 in a report published on Friday, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.
Several other equities analysts have also recently weighed in on PRV.UN. National Bankshares raised their price target on shares of PRO Real Estate Investment Trust from C$5.75 to C$6.00 and gave the stock a sector perform rating in a research note on Friday. Raymond James raised their price target on shares of PRO Real Estate Investment Trust from C$6.00 to C$6.25 and gave the stock an outperform rating in a research note on Tuesday, January 30th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of Hold and an average price target of C$6.15.
View Our Latest Research Report on PRV.UN
PRO Real Estate Investment Trust Price Performance
CVE PRV.UN opened at C$2.30 on Friday. The business has a 50 day simple moving average of C$2.30 and a 200 day simple moving average of C$2.30. PRO Real Estate Investment Trust has a 52-week low of C$1.80 and a 52-week high of C$2.45.
PRO Real Estate Investment Trust Company Profile
PROREIT is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area. Established in 2013, PROREIT is mainly focused on strong secondary markets in Quebec, Atlantic Canada and Ontario, with selective exposure in Western Canada.
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