CT Real Estate Investment Trust (TSE:CRT.UN) PT Set at C$16.25 by National Bankshares

CT Real Estate Investment Trust (TSE:CRT.UN) received a C$16.25 price objective from National Bankshares in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the real estate investment trust’s stock. National Bankshares’ price objective indicates a potential upside of 11.68% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets raised their price target on CT Real Estate Investment Trust from C$15.00 to C$16.00 in a report on Monday, October 28th. TD Securities upped their price target on shares of CT Real Estate Investment Trust from C$15.00 to C$16.00 and gave the company a “hold” rating in a research note on Wednesday, September 4th.

CT Real Estate Investment Trust Price Performance

Shares of CT Real Estate Investment Trust stock opened at C$14.55 on Friday. The stock has a 50 day moving average of C$15.18 and a 200 day moving average of C$14.77. The firm has a market cap of C$1.58 billion, a PE ratio of 15.82, a PEG ratio of 0.76 and a beta of 1.00. The company has a current ratio of 0.11, a quick ratio of 0.10 and a debt-to-equity ratio of 75.45. CT Real Estate Investment Trust has a 12 month low of C$12.80 and a 12 month high of C$16.32.

About CT Real Estate Investment Trust

CT Real Estate Investment Trust is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 370 properties totalling more than 30 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada.