SmartCentres Real Estate Investment Trst (SRU.UN) Receives Market Perform Rating from Raymond James

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Raymond James restated their market perform rating on shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN) in a report issued on Tuesday morning, BayStreet.CA reports.

A number of other research firms also recently issued reports on SRU.UN. National Bank Financial restated a sector perform rating and issued a C$32.00 price target on shares of SmartCentres Real Estate Investment Trst in a research note on Tuesday, January 15th. CIBC raised their price target on SmartCentres Real Estate Investment Trst from C$34.00 to C$36.00 in a research note on Thursday, February 14th. TD Securities dropped their price target on SmartCentres Real Estate Investment Trst from C$35.00 to C$34.00 and set a hold rating on the stock in a research note on Thursday, May 9th. Desjardins downgraded SmartCentres Real Estate Investment Trst from a buy rating to a hold rating in a research note on Monday, May 13th. Finally, BMO Capital Markets restated a market perform rating and issued a C$33.00 price target on shares of SmartCentres Real Estate Investment Trst in a research note on Monday, February 11th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of C$33.88.

SRU.UN stock opened at C$33.60 on Tuesday. The firm has a market capitalization of $4.51 billion and a PE ratio of 13.48. SmartCentres Real Estate Investment Trst has a 1 year low of C$28.56 and a 1 year high of C$33.30. The company has a current ratio of 0.18, a quick ratio of 0.08 and a debt-to-equity ratio of 83.34.

About SmartCentres Real Estate Investment Trst

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.

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Analyst Recommendations for SmartCentres Real Estate Investment Trst (TSE:SRU.UN)

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