Flagship Communities Real Estate Investment Trust (TSE:MHC.UN – Free Report) had its price target raised by National Bankshares from C$20.00 to C$21.00 in a research report sent to investors on Friday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.
A number of other brokerages have also recently weighed in on MHC.UN. Desjardins raised their price target on Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the company a “buy” rating in a research report on Friday. Raymond James increased their price objective on shares of Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company a “strong-buy” rating in a research note on Friday. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$20.10.
Read Our Latest Report on MHC.UN
Flagship Communities Real Estate Investment Trust Stock Performance
About Flagship Communities Real Estate Investment Trust
Flagship Communities 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 has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.
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