National Bankshares Issues Positive Forecast for SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Stock Price

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) had its price target raised by National Bankshares from C$24.00 to C$25.00 in a research note published on Monday,BayStreet.CA reports.

Separately, Scotiabank increased their price target on SmartCentres Real Estate Investment Trst from C$25.50 to C$26.00 in a report on Wednesday, February 19th.

SmartCentres Real Estate Investment Trst Stock Performance

TSE SRU.UN opened at C$25.67 on Monday. The company has a debt-to-equity ratio of 80.88, a quick ratio of 0.10 and a current ratio of 0.17. The stock’s fifty day moving average is C$25.13 and its two-hundred day moving average is C$25.07. The firm has a market capitalization of C$3.71 billion, a P/E ratio of 15.65 and a beta of 1.25. SmartCentres Real Estate Investment Trst has a fifty-two week low of C$21.50 and a fifty-two week high of C$27.50.

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.