BMO Capital Markets downgraded shares of Boardwalk Real Estate Investment Trust (TSE:BEI – Free Report) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.
Separately, Raymond James downgraded Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “moderate buy” rating in a research note on Thursday, September 5th.
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Boardwalk Real Estate Investment Trust Stock Performance
About Boardwalk Real Estate Investment Trust
Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.
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