H&R Real Estate Investment Trust (TSE:HR.UN) Given a C$11.00 Price Target at BMO Capital Markets

H&R Real Estate Investment Trust (TSE:HR.UN) has been assigned a C$11.00 price objective by research analysts at BMO Capital Markets in a report released on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. BMO Capital Markets’ price objective indicates a potential upside of 12.24% from the stock’s current price.

H&R Real Estate Investment Trust Trading Up 1.6 %

TSE:HR.UN opened at C$9.80 on Friday. The stock has a market capitalization of C$2.57 billion, a price-to-earnings ratio of -11.95 and a beta of 1.98. H&R Real Estate Investment Trust has a 52 week low of C$8.63 and a 52 week high of C$11.67. The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68. The firm has a 50 day moving average of C$9.88 and a 200 day moving average of C$9.90.

About H&R Real Estate Investment Trust

H&R REIT is one of Canada’s largest real estate investment trusts with total post-Primaris spin-off pro forma assets of approximately $10.7 billion. H&R REIT has ownership interests in a North American portfolio comprised of high quality office, industrial, residential and retail properties comprising over 29.4 million square feet post-Primaris spin off.