Shares of SmartCentres Real Estate Investment Trst (TSE:SRU.UN – Get Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$28.13 and traded as high as C$29.27. SmartCentres Real Estate Investment Trst shares last traded at C$29.08, with a volume of 133,325 shares.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the company. CIBC lowered their price objective on SmartCentres Real Estate Investment Trst from C$34.50 to C$32.75 in a report on Monday, June 27th. Scotiabank lowered their target price on SmartCentres Real Estate Investment Trst from C$33.00 to C$32.50 in a report on Monday, May 16th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$33.22.
SmartCentres Real Estate Investment Trst Trading Down 0.3 %
The company has a debt-to-equity ratio of 80.92, a current ratio of 0.34 and a quick ratio of 0.20. The business’s 50 day moving average is C$28.12 and its 200 day moving average is C$30.21. The stock has a market cap of C$4.94 billion and a price-to-earnings ratio of 4.58.
About SmartCentres Real Estate Investment Trst
SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
- Why Apple Could Be At All-Time Highs By Year End
Receive News & Ratings for SmartCentres Real Estate Investment Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SmartCentres Real Estate Investment Trst and related companies with MarketBeat.com's FREE daily email newsletter.