Primaris Real Estate Investment Trust (TSE:PMZ) Receives Average Recommendation of “Buy” from Analysts

Primaris Real Estate Investment Trust (TSE:PMZ) has received an average rating of “Buy” from the five analysts that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

Several research analysts have commented on the stock. Royal Bank of Canada raised shares of Primaris Real Estate Investment Trust to a “moderate buy” rating in a research note on Monday, December 2nd. National Bank Financial raised shares of Primaris Real Estate Investment Trust to a “hold” rating in a research note on Wednesday, October 9th. Canaccord Genuity Group raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, September 27th. Finally, TD Securities upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Thursday, September 5th.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend was Friday, November 29th.