H&R Real Estate Investment Trust (TSE:HR.UN – Get Rating) has been assigned an average recommendation of "Moderate Buy" from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$16.32.
A number of equities analysts have recently weighed in on HR.UN shares. Royal Bank of Canada increased their target price on H&R Real Estate Investment Trust from C$15.00 to C$15.75 and gave the stock a "sector perform" rating in a research note on Monday, August 15th. Scotiabank increased their target price on H&R Real Estate Investment Trust from C$16.50 to C$17.00 in a research note on Tuesday, August 16th. CIBC lowered their target price on H&R Real Estate Investment Trust from C$17.50 to C$16.50 in a research note on Monday, June 27th. TD Securities lowered their target price on H&R Real Estate Investment Trust from C$16.00 to C$14.50 and set a "buy" rating on the stock in a research note on Thursday. Finally, BMO Capital Markets increased their price target on H&R Real Estate Investment Trust from C$16.50 to C$17.00 in a research report on Friday, September 2nd.
Get H&R Real Estate Investment Trust alerts:H&R Real Estate Investment Trust Price Performance
TSE:HR.UN opened at C$10.91 on Monday. The company has a quick ratio of 0.22, a current ratio of 0.58 and a debt-to-equity ratio of 78.19. The stock's 50 day moving average price is C$11.87 and its two-hundred day moving average price is C$12.59. The firm has a market capitalization of C$2.91 billion and a price-to-earnings ratio of 2.15. H&R Real Estate Investment Trust has a 12-month low of C$10.22 and a 12-month high of C$17.27.
H&R Real Estate Investment Trust Company Profile
(Get Rating)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.
See Also
- Time to Hit Up Hasbro Stock for the Holiday Season
- Should Proctor and Gamble be a Staple in Your Portfolio?
- 3 Fundamentally Sound Mid-Caps to Keep on the Watch List
- Leveraged ETFs, A Bad Investment But Great for Trading
- Should Investors Raise a Glass to Boston Beer Company?
Receive News & Ratings for H&R Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&R Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.