SmartCentres Real Estate Investment Trst (TSE:SRU.UN) PT Raised to C$25.50 at BMO Capital Markets

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) had its target price raised by analysts at BMO Capital Markets from C$24.50 to C$25.50 in a research report issued to clients and investors on Monday, BayStreet.CA reports. BMO Capital Markets’ target price points to a potential upside of 0.79% from the company’s current price.

A number of other research firms have also weighed in on SRU.UN. TD Securities boosted their price objective on shares of SmartCentres Real Estate Investment Trst from C$24.00 to C$26.00 and gave the company a “hold” rating in a research report on Wednesday, September 4th. National Bankshares increased their price target on SmartCentres Real Estate Investment Trst from C$23.50 to C$26.00 in a research note on Wednesday, October 9th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, SmartCentres Real Estate Investment Trst presently has a consensus rating of “Hold” and a consensus target price of C$26.17.

SmartCentres Real Estate Investment Trst Trading Down 1.4 %

SmartCentres Real Estate Investment Trst stock opened at C$25.30 on Monday. The stock has a 50-day moving average price of C$26.03 and a 200 day moving average price of C$23.97. SmartCentres Real Estate Investment Trst has a 52 week low of C$20.67 and a 52 week high of C$27.50. The stock has a market cap of C$3.66 billion, a PE ratio of 15.43 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.

About SmartCentres Real Estate Investment Trst

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.