Todays Report: Today: Inovalis Real Estate Investment Trust (INO.UN) Given a C$10.00 Price Target by Desjardins Analysts

Today: Inovalis Real Estate Investment Trust (INO.UN) Given a C$10.00 Price Target by Desjardins Analysts

Inovalis Real Estate Investment Trust (TSE:INO.UN) has been given a C$10.00 target price by analysts at Desjardins in a note issued to investors on Monday. The brokerage presently has a “hold” rating on the stock.

A number of other research firms have also recently issued reports on INO.UN. BMO Capital Markets reiterated an “outperform” rating and issued a C$10.50 target price on shares of Inovalis Real Estate Investment Trust in a research note on Friday. National Bank Financial lifted their target price on shares of Inovalis Real Estate Investment Trust from C$9.75 to C$10.00 and gave the company a “sector perform” rating in a research note on Monday, November 21st. CIBC cut shares of Inovalis Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and cut their target price for the company from C$10.50 to C$9.50 in a research note on Friday, November 18th. Finally, Dundee Securities lifted their target price on shares of Inovalis Real Estate Investment Trust from C$9.75 to C$10.50 in a research note on Tuesday, August 16th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of C$10.17.

The business also recently declared a monthly dividend, which was paid on Tuesday, November 15th. Investors of record on Tuesday, November 15th were issued a $0.0688 dividend. This represents a $0.83 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date was Thursday, October 27th.

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