Weekly Analysts’ Ratings Changes for RioCan Real Estate Investment Trust (REI.UN)

Several brokerages have updated their recommendations and price targets on shares of RioCan Real Estate Investment Trust (TSE: REI.UN) in the last few weeks:

• 3/31/2025 – RioCan Real Estate Investment Trust had its price target lowered by analysts at TD Securities from C$23.00 to C$22.00. They now have a “buy” rating on the stock.
• 3/24/2025 – RioCan Real Estate Investment Trust had its price target lowered by analysts at Royal Bank of Canada from C$22.00 to C$21.00. They now have an “outperform” rating on the stock.
• 3/24/2025 – RioCan Real Estate Investment Trust had its price target lowered by analysts at BMO Capital Markets from C$21.50 to C$20.00. They now have an “outperform” rating on the stock.
• 3/19/2025 – RioCan Real Estate Investment Trust was downgraded by analysts at Canaccord Genuity Group Inc. from a “buy” rating to a “hold” rating. They now have a C$19.50 price target on the stock, down previously from C$21.00.
• 2/20/2025 – RioCan Real Estate Investment Trust had its price target raised by analysts at Scotiabank from C$20.75 to C$21.50. They now have a “sector perform” rating on the stock.
• 2/20/2025 – RioCan Real Estate Investment Trust had its price target raised by analysts at National Bankshares, Inc. from C$22.00 to C$22.25. They now have an “outperform” rating on the stock.
• 2/20/2025 – RioCan Real Estate Investment Trust had its price target lowered by analysts at Desjardins from C$23.00 to C$22.00. They now have a “buy” rating on the stock.

RioCan Real Estate Investment Trust Stock Performance

Shares of TSE REI.UN opened at C$17.28 on Thursday. RioCan Real Estate Investment Trust has a 52-week low of C$16.26 and a 52-week high of C$20.83. The stock has a market capitalization of C$5.18 billion, a price-to-earnings ratio of 86.40 and a beta of 1.31. The company has a quick ratio of 0.08, a current ratio of 0.30 and a debt-to-equity ratio of 95.37. The stock’s fifty day simple moving average is C$18.52 and its 200 day simple moving average is C$18.91.

Insiders Place Their Bets

In other news, Director Richard Dansereau acquired 4,005 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was acquired at an average cost of C$19.47 per share, for a total transaction of C$77,977.35. Corporate insiders own 0.31% of the company’s stock.

Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada’s portfolio of retail-focused, increasingly mixed-use properties. The REIT’s property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada.