Flagship Communities Real Estate Investment Trust (TSE:MHC.UN – Get Free Report) received a C$19.75 price objective from analysts at National Bankshares in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential downside of 3.66% from the stock’s current price.
A number of other analysts have also weighed in on the stock. Canaccord Genuity Group set a C$19.00 price objective on shares of Flagship Communities Real Estate Investment Trust and gave the stock a “buy” rating in a research report on Thursday. Raymond James raised their target price on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$20.50 and gave the stock an “outperform” rating in a research report on Monday, January 8th. Finally, Desjardins reduced their target price on shares of Flagship Communities Real Estate Investment Trust from C$21.00 to C$19.50 and set a “buy” rating on the stock in a research report on Thursday. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$19.58.
Check Out Our Latest Stock Report on Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust Stock Performance
Insider Activity at Flagship Communities Real Estate Investment Trust
In other Flagship Communities Real Estate Investment Trust news, Director Louis Marie Forbes acquired 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The shares were bought at an average cost of C$15.35 per share, with a total value of C$30,700.00. 0.40% of the stock is currently owned by corporate insiders.
About Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.
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