Trading Report: Today, Brokerages gives Consensus Recommendation of “Buy” to H&R Real Estate Investment Trust (HR.UN)

Today, Brokerages gives Consensus Recommendation of “Buy” to H&R Real Estate Investment Trust (HR.UN)

H&R Real Estate Investment Trust (TSE:HR.UN) has received an average rating of “Buy” from the nine ratings firms that are presently covering the firm. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$24.94.

A number of research firms have recently issued reports on HR.UN. RBC Capital Markets increased their target price on H&R Real Estate Investment Trust from C$23.00 to C$24.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 10th. Scotiabank reiterated a “sector perform” rating and issued a C$24.00 target price on shares of H&R Real Estate Investment Trust in a research note on Wednesday, August 10th. Royal Bank Of Canada increased their target price on H&R Real Estate Investment Trust from C$23.00 to C$24.00 and gave the company a “sector perform” rating in a research note on Thursday, August 11th. CIBC increased their target price on H&R Real Estate Investment Trust from C$25.00 to C$26.00 in a research note on Thursday, August 11th. Finally, TD Securities increased their target price on H&R Real Estate Investment Trust from C$23.00 to C$24.00 and gave the company a “hold” rating in a research note on Thursday, August 11th.

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