SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Receives C$25.83 Average Price Target from Analysts

Shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN) have been given an average rating of “Hold” by the six research firms that are currently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$25.83.

Several brokerages recently weighed in on SRU.UN. TD Securities lifted their price target on 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 lifted their target price on shares of SmartCentres Real Estate Investment Trst from C$23.50 to C$26.00 in a report on Wednesday, October 9th.

SmartCentres Real Estate Investment Trst Stock Performance

TSE SRU.UN opened at C$25.61 on Thursday. The firm has a market capitalization of C$3.71 billion, a P/E ratio of 15.62 and a beta of 1.25. The stock has a 50-day simple moving average of C$25.98 and a two-hundred day simple moving average of C$23.93. The company has a debt-to-equity ratio of 80.88, a quick ratio of 0.10 and a current ratio of 0.17. SmartCentres Real Estate Investment Trst has a fifty-two week low of C$20.67 and a fifty-two week high of C$27.50.

SmartCentres Real Estate Investment Trst Company Profile

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.