Bsr Real Estate Investment Trust (TSE:HOM.U) Price Target Raised to C$14.50 at BMO Capital Markets

Bsr Real Estate Investment Trust (TSE:HOM.U) had its price objective raised by BMO Capital Markets from C$13.50 to C$14.50 in a research note issued on Tuesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 14.81% from the company’s current price.

Separately, TD Securities upped their target price on shares of Bsr Real Estate Investment Trust from C$14.00 to C$15.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Bsr Real Estate Investment Trust currently has an average rating of “Moderate Buy” and a consensus price target of C$14.30.

Bsr Real Estate Investment Trust Price Performance

Shares of HOM.U traded up C$0.08 during mid-day trading on Tuesday, hitting C$12.63. The company’s stock had a trading volume of 14,453 shares, compared to its average volume of 28,812. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 149.54. The firm has a 50-day simple moving average of C$11.87 and a 200 day simple moving average of C$11.46. The firm has a market capitalization of C$420.45 million, a P/E ratio of -2.12 and a beta of 1.09. Bsr Real Estate Investment Trust has a 1-year low of C$9.99 and a 1-year high of C$13.03.

Insider Buying and Selling

In related news, Director Graham David Senst purchased 2,000 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were purchased at an average price of C$15.62 per share, with a total value of C$31,240.00. 13.69% of the stock is owned by insiders.

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.