H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$10.88 and last traded at C$10.87, with a volume of 53063 shares traded. The stock had previously closed at C$10.76.
Analysts Set New Price Targets
Several research analysts have issued reports on the company. Scotiabank boosted their target price 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 research report on Friday, May 17th. TD Securities upped their price objective on H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. Three 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 a consensus rating of “Hold” and a consensus price target of C$11.35.
Check Out Our Latest Analysis on HR.UN
H&R Real Estate Investment Trust Stock Performance
About H&R Real Estate Investment Trust
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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