RioCan Real Estate Investment Trust (TSE:REI) Rating Increased to Strong-Buy at National Bank Financial

National Bank Financial upgraded shares of RioCan Real Estate Investment Trust (TSE:REI) from a hold rating to a strong-buy rating in a research report released on Monday morning,Zacks.com reports. National Bank Financial also issued estimates for RioCan Real Estate Investment Trust’s Q2 2025 earnings at $0.40 EPS and FY2026 earnings at $1.65 EPS.

REI has been the topic of a number of other research reports. Canaccord Genuity Group lowered RioCan Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 19th. Raymond James Financial raised RioCan Real Estate Investment Trust to a “moderate buy” rating in a report on Wednesday, July 9th.

RioCan Real Estate Investment Trust Price Performance

RioCan Real Estate Investment Trust has a 52-week low of C$10.88 and a 52-week high of C$17.17.

About RioCan Real Estate Investment Trust

Ring Energy, Inc, an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company’s proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico.