Primaris Real Estate Investment Trust (TSE:PMZ) Lifted to “Hold” at National Bank Financial

National Bank Financial upgraded shares of Primaris Real Estate Investment Trust (TSE:PMZ) to a hold rating in a research note issued to investors on Wednesday morning, Zacks.com reports.

A number of other analysts have also commented on PMZ. Scotiabank upgraded Primaris Real Estate Investment Trust to a hold rating in a report on Friday, June 14th. Canaccord Genuity Group upgraded Primaris Real Estate Investment Trust to a strong-buy rating in a report on Friday, September 27th. TD Securities upgraded Primaris Real Estate Investment Trust to a strong-buy rating in a report on Thursday, September 5th. Finally, Cibc World Mkts upgraded Primaris Real Estate Investment Trust to a strong-buy rating in a report on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of Buy.

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust (TSE:PMZ) last posted its earnings results on Wednesday, July 31st. The company reported C$0.40 earnings per share for the quarter, hitting the consensus estimate of C$0.40. The business had revenue of C$120.01 million for the quarter.

Primaris Real Estate Investment Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, October 31st.