Royal Bank of Canada Has Lowered Expectations for Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price

Bsr Real Estate Investment Trust (TSE:HOM.U) had its price objective decreased by analysts at Royal Bank of Canada from C$16.00 to C$15.50 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s price target would indicate a potential upside of 23.11% from the stock’s current price.

Bsr Real Estate Investment Trust Stock Performance

Shares of TSE HOM.U opened at C$12.59 on Friday. The company has a market capitalization of C$420.25 million, a P/E ratio of -2.15 and a beta of 1.08. The company has a debt-to-equity ratio of 161.52, a current ratio of 0.12 and a quick ratio of 0.45. The business’s 50-day moving average price is C$11.97 and its two-hundred day moving average price is C$12.82. Bsr Real Estate Investment Trust has a one year low of C$10.53 and a one year high of C$14.48.

Bsr Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.