Todays Report: The Pure Industrial Real Estate Trust (AAR.UN) Given a C$5.75 Price Target by CIBC Analysts

The Pure Industrial Real Estate Trust (AAR.UN) Given a C$5.75 Price Target by CIBC Analysts

Pure Industrial Real Estate Trust (TSE:AAR.UN) received a C$5.75 target price from research analysts at CIBC in a note issued to investors on Friday. The firm presently has a an “outperform” rating on the stock.

A number of other equities research analysts have also recently commented on AAR.UN. Desjardins lifted their price objective on Pure Industrial Real Estate Trust from C$5.25 to C$5.50 and gave the stock a “hold” rating in a research note on Tuesday, August 16th. Scotiabank reaffirmed an “outperform” rating and set a C$5.75 price objective on shares of Pure Industrial Real Estate Trust in a research note on Monday, September 19th. Canaccord Genuity set a C$6.00 price objective on Pure Industrial Real Estate Trust in a research note on Wednesday, July 27th. Finally, BMO Capital Markets boosted their target price on Pure Industrial Real Estate Trust from C$5.50 to C$6.00 and gave the company an “outperform” rating in a research note on Wednesday, August 17th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Pure Industrial Real Estate Trust presently has a consensus rating of “Buy” and a consensus target price of C$5.69.

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