H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$10.53 and traded as high as C$10.65. H&R Real Estate Investment Trust shares last traded at C$10.64, with a volume of 553,673 shares traded.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. National Bank Financial set a C$12.00 target price on H&R Real Estate Investment Trust and gave the stock an “outperform” rating in a research report on Monday, April 20th. TD Securities reduced their target price on H&R Real Estate Investment Trust from C$12.00 to C$11.50 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, H&R Real Estate Investment Trust currently has an average rating of “Moderate Buy” and a consensus target price of C$12.00.
Check Out Our Latest Analysis on H&R Real Estate Investment Trust
H&R Real Estate Investment Trust Price Performance
H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported C($1.19) EPS for the quarter. The firm had revenue of C$203.75 million during the quarter. H&R Real Estate Investment Trust had a negative return on equity of 4.16% and a negative net margin of 20.83%. Sell-side analysts predict that H&R Real Estate Investment Trust will post 1.3814956 EPS for the current fiscal year.
About H&R Real Estate Investment Trust
H&R REIT is one of Canada’s largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 21.3 million square feet.
Further Reading
Receive News & Ratings for H&R Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&R Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
