Inovalis Real Estate Investment Trust (TSE:INO.UN)‘s stock had its “hold” rating reiterated by research analysts at Desjardins in a note issued to investors on Monday. They presently have a C$10.00 target price on the stock.

A number of other brokerages have also recently commented on INO.UN. Dundee Securities increased their price target on shares of Inovalis Real Estate Investment Trust from C$9.75 to C$10.50 in a research report on Tuesday, August 16th. National Bank Financial increased their price target 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 report on Monday, November 21st. BMO Capital Markets reiterated an “outperform” rating and set a C$10.50 price target on shares of Inovalis Real Estate Investment Trust in a research report on Friday, November 25th. Finally, CIBC lowered Inovalis Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from C$10.50 to C$9.50 in a research note on Friday, November 18th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Inovalis Real Estate Investment Trust presently has an average rating of “Buy” and an average target price of C$10.17.

Analyst Recommendations for Inovalis Real Estate Investment Trust (TSE:INO.UN)

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

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About Inovalis Real Estate Investment Trust

Inovalis Real Estate Investment Trust (Inovalis REIT) is a Canada-based open-ended real estate investment trust (REIT). Inovalis REIT is formed for the purpose of acquiring and owning office properties primarily located in France and Germany and also in other European countries. It owns interest in over 11 properties, of which seven are owned by the REIT (Baldi, Courbevoie, Jeuneurs, Metropolitan, Sabliere and Vanves in France, Hanover in Germany) and four are held through partnerships with various global institutional funds (Arcueil in France, Bad Homburg, Cologne and Duisburg in Germany) comprising over 1,083,000 square feet of gross leasable area.

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