Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Kurtis Paul Keeney Purchases 701 Shares

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Kurtis Paul Keeney purchased 701 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were acquired at an average cost of C$24.78 per share, for a total transaction of C$17,372.31.

Kurtis Paul Keeney also recently made the following trade(s):

• On Thursday, March 20th, Kurtis Paul Keeney bought 57 shares of Flagship Communities Real Estate Investment Trust stock. The shares were bought at an average price of C$24.17 per share, for a total transaction of C$1,377.52.
• On Friday, March 14th, Kurtis Paul Keeney purchased 300 shares of Flagship Communities Real Estate Investment Trust stock. The stock was bought at an average price of C$23.40 per share, with a total value of C$7,020.00.

Flagship Communities Real Estate Investment Trust Price Performance

Shares of TSE MHC.UN opened at C$24.70 on Thursday. Flagship Communities Real Estate Investment Trust has a fifty-two week low of C$18.00 and a fifty-two week high of C$24.80. The stock has a market capitalization of C$349.26 million, a price-to-earnings ratio of 5.24 and a beta of 0.28. The business has a 50-day moving average of C$21.65 and a 200-day moving average of C$21.02.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MHC.UN. Raymond James boosted their price objective on shares of Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company a “strong-buy” rating in a research report on Friday, March 14th. National Bankshares upped their price objective on Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Friday, March 14th. Finally, Desjardins increased their price objective on Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the stock a “buy” rating in a report on Friday, March 14th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$20.10.

About Flagship Communities Real Estate Investment Trust

Flagship Communities 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 has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.