CT Real Estate Investment Trust (TSE:CRT.UN) PT Lowered to C$18.00

CT Real Estate Investment Trust (TSE:CRT.UN) PT Lowered to C$18.00

Roger Pettingell Sarasota Real Estate

CT Real Estate Investment Trust (TSE:CRT.UNGet Rating) had its price objective cut by stock analysts at National Bankshares from C$20.00 to C$18.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the real estate investment trust’s stock. National Bankshares’ price objective indicates a potential upside of 11.66% from the company’s previous close.

Separately, CIBC dropped their price target on shares of CT Real Estate Investment Trust from C$19.00 to C$18.00 in a research report on Monday, June 27th.

CT Real Estate Investment Trust Stock Performance

CRT.UN opened at C$16.12 on Wednesday. The firm has a market cap of C$3.77 billion and a P/E ratio of 9.48. CT Real Estate Investment Trust has a 1-year low of C$15.25 and a 1-year high of C$18.46. The company has a 50 day simple moving average of C$16.59 and a two-hundred day simple moving average of C$17.09. The company has a debt-to-equity ratio of 74.47, a current ratio of 0.60 and a quick ratio of 0.53.

About CT Real Estate Investment Trust

(Get Rating)

CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. Its portfolio is comprised of over 325 properties totaling approximately 26 million square feet of GLA, consisting primarily of retail properties located across Canada.

Read More

Receive News & Ratings for CT Real Estate Investment Trust Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for CT Real Estate Investment Trust and related companies with MarketBeat.com’s FREE daily email newsletter.


Leave a Reply

Your email address will not be published.