Today, Inovalis Real Estate Investment Trust (INO.UN) Earns “Outperform” Rating from BMO Capital Markets

Today, Inovalis Real Estate Investment Trust (INO.UN) Earns “Outperform” Rating from BMO Capital Markets

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

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