H&R Real Estate Investment Trust (TSE:HR.UN – Free Report) had its price target cut by National Bank Financial from C$11.50 to C$10.75 in a report published on Wednesday morning,BayStreet reports. They currently have a sector perform rating on the real estate investment trust’s stock.
Other analysts also recently issued reports about the company. Royal Bank Of Canada lowered their target price on H&R Real Estate Investment Trust from C$13.00 to C$11.50 and set an “outperform” rating for the company in a research note on Tuesday, October 13th. TD dropped their target price on shares of H&R Real Estate Investment Trust from C$11.50 to C$11.00 and set a “buy” rating on the stock in a report on Tuesday, August 25th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$11.39.
Read Our Latest Research Report on HR.UN
H&R Real Estate Investment Trust Stock Up 0.1%
HR.UN opened at C$9.81 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68. The firm has a market cap of C$2.60 billion, a P/E ratio of -4.51 and a beta of 0.43. H&R Real Estate Investment Trust has a 52 week low of C$9.06 and a 52 week high of C$11.79. The business’s fifty day simple moving average is C$9.73 and its 200 day simple moving average is C$10.38.
H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report) last released its earnings results on Wednesday, August 12th. The real estate investment trust reported C$0.14 EPS for the quarter. The firm had revenue of C$169.78 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%. As a group, equities research analysts anticipate that H&R Real Estate Investment Trust will post 1.38 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.
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