Primaris Real Estate Investment Trust (TSE:PMZ) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Primaris Real Estate Investment Trust (TSE:PMZ) have been given an average rating of “Buy” by the five research firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and three have issued a strong buy rating on the company.

A number of research analysts have recently weighed in on PMZ shares. National Bank Financial upgraded Primaris Real Estate Investment Trust to a “hold” rating in a report on Wednesday, October 9th. Royal Bank of Canada upgraded Primaris Real Estate Investment Trust to a “moderate buy” rating in a research report on Monday, December 2nd. Finally, Canaccord Genuity Group upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Friday, September 27th.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust (TSE:PMZ) last released its earnings results on Thursday, October 31st. The company reported C($0.29) earnings per share for the quarter, missing the consensus estimate of C$0.41 by C($0.70).

Primaris Real Estate Investment Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were issued a dividend of $0.07 per share. The ex-dividend date was Friday, November 29th. This represents a $0.84 annualized dividend and a dividend yield of ∞.