Primaris Real Estate Investment Trust (TSE:PMZ) Upgraded at Canaccord Genuity Group

Primaris Real Estate Investment Trust (TSE:PMZ) was upgraded by stock analysts at Canaccord Genuity Group to a “strong-buy” rating in a research note issued on Friday, Zacks.com reports.

PMZ has been the topic of several other reports. National Bank Financial downgraded Primaris Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Scotiabank upgraded Primaris Real Estate Investment Trust to a “hold” rating in a research report on Friday, June 14th. Cibc World Mkts raised Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Friday, August 2nd. Finally, TD Securities upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Thursday, September 5th. Two analysts have rated the stock with a hold rating and three have given a strong buy rating to the stock. According to data from MarketBeat, Primaris Real Estate Investment Trust has a consensus rating of “Buy”.

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust (TSE:PMZ) last posted its quarterly earnings data on Wednesday, July 31st. The company reported C$0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.40. The company had revenue of C$120.01 million for the quarter.