Analysts Set SmartCentres Real Estate Investment Trst (TSE:SRU.UN) PT at C$25.83

Shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN) have been given a consensus recommendation of “Hold” by the six analysts that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$25.83.

Several research firms have issued reports on SRU.UN. National Bankshares lifted their target price on SmartCentres Real Estate Investment Trst from C$23.50 to C$26.00 in a research note on Wednesday, October 9th. TD Securities raised their price objective on SmartCentres Real Estate Investment Trst from C$24.00 to C$26.00 and gave the stock a “hold” rating in a research report on Wednesday, September 4th.

SmartCentres Real Estate Investment Trst Stock Down 1.1 %

Shares of TSE SRU.UN opened at C$25.61 on Thursday. The stock has a market capitalization of C$3.71 billion, a PE ratio of 15.62 and a beta of 1.25. The company has a current ratio of 0.17, a quick ratio of 0.10 and a debt-to-equity ratio of 80.88. SmartCentres Real Estate Investment Trst has a 12-month low of C$20.67 and a 12-month high of C$27.50. The stock’s fifty day simple moving average is C$25.98 and its two-hundred day simple moving average is C$23.93.

SmartCentres Real Estate Investment Trst Company Profile

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.