Scotiabank Raises H&R Real Estate Investment Trust (TSE:HR.UN) Price Target to C$11.75

H&R Real Estate Investment Trust (TSE:HR.UNGet Free Report) had its price objective lifted by stock analysts at Scotiabank from C$11.50 to C$11.75 in a report released on Friday,BayStreet.CA reports. Scotiabank’s target price would indicate a potential upside of 17.50% from the stock’s previous close.

Separately, TD Securities lifted their price objective on H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th.

View Our Latest Stock Report on H&R Real Estate Investment Trust

H&R Real Estate Investment Trust Stock Performance

Shares of H&R Real Estate Investment Trust stock opened at C$10.00 on Friday. The stock has a market cap of C$2.62 billion, a PE ratio of -12.20 and a beta of 1.98. The business has a fifty day simple moving average of C$10.97 and a 200-day simple moving average of C$9.94. The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68. H&R Real Estate Investment Trust has a 12 month low of C$8.63 and a 12 month high of C$11.67.

H&R Real Estate Investment Trust Company Profile

(Get Free Report)

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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