H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report) shares hit a new 52-week high on Wednesday after TD Securities raised their price target on the stock from C$11.00 to C$12.00. TD Securities currently has a buy rating on the stock. H&R Real Estate Investment Trust traded as high as C$10.64 and last traded at C$10.64, with a volume of 7085 shares trading hands. The stock had previously closed at C$10.53.
Separately, Scotiabank increased their price target on H&R Real Estate Investment Trust from C$11.00 to C$11.25 and gave the company a “sector perform” rating in a report on Friday, May 17th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, H&R Real Estate Investment Trust has an average rating of “Hold” and a consensus price target of C$11.35.
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H&R Real Estate Investment Trust Price Performance
H&R Real Estate Investment Trust Company Profile
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.
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