Inovalis Real Estate Investment Trust (TSE:INO.UN)‘s stock had its “outperform” rating reiterated by equities researchers at BMO Capital Markets in a research note issued on Friday, StockTargetPrices.com reports. They currently have a C$10.50 price target on the stock.
INO.UN has been the topic of several other research reports. CIBC lowered Inovalis Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from C$10.50 to C$9.50 in a report on Friday, November 18th. National Bank Financial increased their price target on Inovalis Real Estate Investment Trust from C$9.75 to C$10.00 and gave the company a “sector perform” rating in a report on Monday. Finally, Dundee Securities increased their price target on Inovalis Real Estate Investment Trust from C$9.75 to C$10.50 in a report on Tuesday, August 16th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of C$10.21.
The firm also recently announced a monthly dividend, which was paid on Tuesday, November 15th. Shareholders 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 dividend on an annualized basis and a yield of Infinity.
Inovalis Real Estate Investment Trust Company Profile