SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Stock Price Expected to Rise, National Bank Financial Analyst Says

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) had its target price lifted by analysts at National Bank Financial from C$27.10 to C$28.00 in a report issued on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bank Financial’s price objective would indicate a potential downside of 1.41% from the company’s previous close.

SmartCentres Real Estate Investment Trst Price Performance

SRU.UN remained flat at C$28.40 during trading on Friday. The company’s stock had a trading volume of 211,273 shares, compared to its average volume of 354,847. SmartCentres Real Estate Investment Trst has a 52 week low of C$25.01 and a 52 week high of C$28.82. The business has a fifty day simple moving average of C$27.55 and a 200 day simple moving average of C$26.85. The company has a debt-to-equity ratio of 80.88, a quick ratio of 0.10 and a current ratio of 0.17. The stock has a market cap of C$4.84 billion, a PE ratio of 19.23 and a beta of 0.81.

SmartCentres Real Estate Investment Trst Company Profile

SmartCentres Real Estate Investment Trust is a canadian fully integrated commercial and residential REITs, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under it’s wholly-owned residential sub-brand, SmartLiving.