National Bankshares Boosts H&R Real Estate Investment Trust (TSE:HR.UN) Price Target to C$10.50

H&R Real Estate Investment Trust (TSE:HR.UNFree Report) had its price objective lifted by National Bankshares from C$10.00 to C$10.50 in a research note issued to investors on Monday, BayStreet.CA reports. They currently have a sector perform rating on the real estate investment trust’s stock.

Several other brokerages have also weighed in on HR.UN. Scotiabank cut their price objective on shares of H&R Real Estate Investment Trust from C$13.25 to C$11.75 and set a sector perform rating on the stock in a report on Monday, November 20th. Royal Bank of Canada decreased their target price on H&R Real Estate Investment Trust from C$13.00 to C$11.00 and set a sector perform rating on the stock in a report on Thursday, November 16th. Finally, CIBC reduced their price objective on shares of H&R Real Estate Investment Trust from C$13.00 to C$12.00 and set an outperform rating on the stock in a research note on Thursday, November 16th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, H&R Real Estate Investment Trust presently has an average rating of Hold and an average target price of C$11.75.

Check Out Our Latest Analysis on H&R Real Estate Investment Trust

H&R Real Estate Investment Trust Trading Down 1.1 %

Shares of HR.UN opened at C$9.85 on Monday. H&R Real Estate Investment Trust has a 52-week low of C$8.47 and a 52-week high of C$13.30. The stock has a fifty day moving average price of C$9.71 and a two-hundred day moving average price of C$9.74. The company has a debt-to-equity ratio of 73.54, a quick ratio of 0.19 and a current ratio of 0.40. The company has a market cap of C$2.58 billion, a price-to-earnings ratio of -82.08 and a beta of 1.91.

About H&R Real Estate Investment Trust

(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.

Recommended Stories

Analyst Recommendations for H&R Real Estate Investment Trust (TSE:HR.UN)

Receive News & Ratings for H&R Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&R Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.