SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Stock Rating Upgraded by TD Securities

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) was upgraded by equities researchers at TD Securities from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Cibc World Mkts upgraded SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a report on Monday, August 12th.

SmartCentres Real Estate Investment Trust Stock Down 0.1 %

CWYUF stock opened at $18.03 on Tuesday. The company has a 50 day moving average of $18.80 and a two-hundred day moving average of $17.71. The company has a market cap of $3.21 billion, a price-to-earnings ratio of 27.31 and a beta of 1.17. SmartCentres Real Estate Investment Trust has a 12-month low of $15.82 and a 12-month high of $20.23. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.66.

SmartCentres Real Estate Investment Trust Company Profile

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.