PRO Real Estate Investment Trust (CVE:PRV.UN) Given New C$6.25 Price Target at Raymond James

PRO Real Estate Investment Trust (CVE:PRV.UN) had its target price decreased by stock analysts at Raymond James from C$6.50 to C$6.25 in a report issued on Monday,BayStreet.CA reports. Raymond James’ target price would indicate a potential upside of 171.74% from the company’s previous close.

Separately, CIBC raised their price objective on PRO Real Estate Investment Trust from C$6.25 to C$6.50 in a research note on Friday, November 15th.

PRO Real Estate Investment Trust Trading Up 0.4 %

Shares of CVE:PRV.UN opened at C$2.30 on Monday. PRO Real Estate Investment Trust has a 1 year low of C$1.80 and a 1 year high of C$2.45. The firm has a fifty day moving average price of C$2.30 and a 200 day moving average price of C$2.30.

About PRO Real Estate Investment Trust

PROREIT is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area. Established in 2013, PROREIT is mainly focused on strong secondary markets in Quebec, Atlantic Canada and Ontario, with selective exposure in Western Canada.