Trading Report: Today: Smart REIT (SRU.UN) Stock Rating Upgrade by Desjardins

Today: Smart REIT (SRU.UN) Stock Rating Upgrade by Desjardins

Smart REIT (TSE:SRU.UN) was upgraded by Desjardins from a “hold” rating to a “buy” rating in a research report issued on Monday.

SRU.UN has been the subject of a number of other research reports. Scotiabank reiterated a “sector perform” rating and issued a C$37.50 price objective on shares of Smart REIT in a report on Thursday, November 3rd. TD Securities reiterated a “hold” rating and issued a C$35.00 price objective on shares of Smart REIT in a report on Friday, November 4th. CIBC dropped their price objective on Smart REIT from C$39.00 to C$36.50 in a report on Friday, November 4th. Canaccord Genuity dropped their price objective on Smart REIT from C$36.00 to C$35.00 and set a “hold” rating for the company in a report on Friday, November 4th. Finally, BMO Capital Markets upped their price objective on Smart REIT from C$33.25 to C$35.75 in a report on Monday, August 8th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Smart REIT has an average rating of “Hold” and an average target price of C$36.28.

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