Bsr Real Estate Investment Trust (TSE:HOM.U) Price Target Lowered to C$13.00 at TD Securities

Bsr Real Estate Investment Trust (TSE:HOM.U) had its price objective lowered by research analysts at TD Securities from C$15.50 to C$13.00 in a research note issued on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 12.65% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Desjardins decreased their price target on shares of Bsr Real Estate Investment Trust from C$14.00 to C$13.00 and set a “buy” rating on the stock in a report on Friday. Scotiabank upped their price objective on Bsr Real Estate Investment Trust from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Royal Bank Of Canada lowered Bsr Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from C$14.50 to C$13.00 in a research report on Friday. Finally, National Bank Financial reduced their target price on Bsr Real Estate Investment Trust from C$13.00 to C$12.50 and set a “sector perform” rating on the stock in a report on Friday. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$13.30.

Bsr Real Estate Investment Trust Trading Up 0.2%

Bsr Real Estate Investment Trust stock traded up C$0.02 during trading on Friday, reaching C$11.54. The company had a trading volume of 22,864 shares, compared to its average volume of 32,483. Bsr Real Estate Investment Trust has a 12-month low of C$11.15 and a 12-month high of C$13.58. The stock’s 50 day moving average price is C$12.39 and its two-hundred day moving average price is C$12.25. The firm has a market capitalization of C$386.66 million, a price-to-earnings ratio of -18.85 and a beta of 0.77. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12.

Bsr Real Estate Investment Trust Company Profile

BSR 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 owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.