Slate Office REIT (TSE:SOT.UN – Free Report) had its price target reduced by CIBC from C$1.00 to C$0.75 in a research note released on Monday, BayStreet.CA reports. CIBC currently has a neutral rating on the stock.
A number of other brokerages also recently weighed in on SOT.UN. Cormark upgraded Slate Office REIT from a reduce rating to a market perform rating in a report on Friday, March 8th. TD Securities reduced their price objective on Slate Office REIT from C$0.80 to C$0.75 in a research report on Wednesday, April 24th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of Hold and an average target price of C$0.90.
Get Our Latest Report on SOT.UN
Slate Office REIT Stock Performance
About Slate Office REIT
Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.
See Also
- Five stocks we like better than Slate Office REIT
- 3 REITs to Buy and Hold for the Long Term
- Lucid’s Stock Price is Still in Reverse: New Lows Are Coming
- Best Aerospace Stocks Investing
- Generac Powers Ahead on the Electrification Mega-Trend
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- PulteGroup Wins and Wins More on Interest Rate Cuts
Receive News & Ratings for Slate Office REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slate Office REIT and related companies with MarketBeat.com's FREE daily email newsletter.