Inovalis Real Estate Investment Trust (TSE:INO.UN)‘s stock had its “outperform” rating reissued by BMO Capital Markets in a note issued to investors on Friday, StockTargetPrices.com reports. They currently have a C$10.50 target price on the stock.
INO.UN has been the topic of several other research reports. Dundee Securities boosted their price objective on Inovalis Real Estate Investment Trust from C$9.75 to C$10.50 in a report on Tuesday, August 16th. CIBC downgraded Inovalis Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from C$10.50 to C$9.50 in a report on Friday, November 18th. Finally, National Bank Financial boosted their price objective on Inovalis Real Estate Investment Trust from C$9.75 to C$10.00 and gave the stock a “sector perform” rating in a report on Monday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of C$10.21.
The company also recently declared a monthly dividend, which was paid on Tuesday, November 15th. Investors of record on Tuesday, November 15th were paid a $0.0688 dividend. The ex-dividend date was Thursday, October 27th. This represents a $0.83 annualized dividend and a dividend yield of Infinity.
Inovalis Real Estate Investment Trust Company Profile