National Bankshares Forecasts Strong Price Appreciation for Bsr Real Estate Investment Trust (TSE:HOM.U) Stock

Bsr Real Estate Investment Trust (TSE:HOM.U) had its price objective boosted by analysts at National Bankshares from C$13.50 to C$14.00 in a research note issued on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 11.20% from the stock’s previous close.

Separately, Royal Bank of Canada reduced their target price on Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set an “outperform” rating on the stock in a research report on Friday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$15.10.

Bsr Real Estate Investment Trust Stock Performance

TSE HOM.U opened at C$12.59 on Friday. The stock’s fifty day moving average is C$11.97 and its two-hundred day moving average is C$12.82. The firm 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 quick ratio of 0.45 and a current ratio of 0.12. Bsr Real Estate Investment Trust has a fifty-two week low of C$10.53 and a fifty-two week 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.