Primaris Real Estate Investment Trust (TSE:PMZ) Receives Consensus Rating of “Buy” from Brokerages

Shares of Primaris Real Estate Investment Trust (TSE:PMZ) have been assigned an average rating of “Buy” from the five brokerages that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company.

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

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust Announces Dividend

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