SmartCentres Real Estate Investment Trst (TSE:SRU.UN – Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$22.82 and traded as low as C$22.54. SmartCentres Real Estate Investment Trst shares last traded at C$22.54, with a volume of 169,980 shares traded.
Analyst Upgrades and Downgrades
Several analysts recently commented on SRU.UN shares. Royal Bank of Canada dropped their price objective on SmartCentres Real Estate Investment Trst from C$29.00 to C$28.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 21st. Scotiabank cut their price objective on SmartCentres Real Estate Investment Trst from C$25.50 to C$25.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 21st. National Bankshares lowered their target price on SmartCentres Real Estate Investment Trst from C$26.00 to C$23.50 and set a “sector perform” rating for the company in a research note on Wednesday, April 24th. Finally, BMO Capital Markets upped their price target on shares of SmartCentres Real Estate Investment Trst from C$24.00 to C$24.50 and gave the company a “market perform” rating in a report on Wednesday, February 28th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$26.64.
View Our Latest Stock Report on SmartCentres Real Estate Investment Trst
SmartCentres Real Estate Investment Trst Price Performance
About SmartCentres Real Estate Investment Trst
SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.
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