SITE Centers (OTCMKTS:SRRTF) Research Coverage Started at Scotiabank

Scotiabank assumed coverage on shares of SITE Centers (OTCMKTS:SRRTF) in a research report report published on Tuesday morning, The Fly reports. The firm issued a sector perform rating on the stock.

A number of other brokerages also recently weighed in on SRRTF. BMO Capital Markets decreased their price objective on shares of SITE Centers from $9.00 to $6.50 and set a market perform rating for the company in a research report on Monday, May 4th. Royal Bank of Canada upped their price target on SITE Centers from $6.50 to $7.00 and gave the stock a sector perform rating in a report on Wednesday, May 20th.

Shares of OTCMKTS SRRTF opened at $6.76 on Tuesday. The business’s fifty day moving average price is $7.24. SITE Centers has a 1 year low of $3.86 and a 1 year high of $10.29.

About SITE Centers

Slate Retail REIT is a real estate investment trust focused on U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of assets located across the top 50 U.S. metro markets that are visited regularly by consumers for their everyday needs. The REIT's diversified portfolio and quality tenant covenants provide a strong basis to continue to grow unitholder distributions and the flexibility to capitalize on opportunities that drive value appreciation.

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The Fly

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