SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Receives C$25.86 Average Target Price from Analysts

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) has been given an average recommendation of “Hold” by the six brokerages that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$25.42.

Separately, TD Securities raised their target price on shares of SmartCentres Real Estate Investment Trst from C$24.00 to C$26.00 and gave the company a “hold” rating in a research note on Wednesday, September 4th.

SmartCentres Real Estate Investment Trst Stock Down 1.6 %

SRU.UN stock opened at C$25.95 on Friday. The company has a market cap of C$3.75 billion, a price-to-earnings ratio of 15.85 and a beta of 1.25. SmartCentres Real Estate Investment Trst has a twelve month low of C$20.67 and a twelve month high of C$27.50. The business has a 50 day moving average price of C$25.36 and a two-hundred day moving average price of C$23.60. The company has a quick ratio of 0.10, a current ratio of 0.17 and a debt-to-equity ratio of 80.88.

SmartCentres Real Estate Investment Trst Company Profile

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.