SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Receives New Coverage from Analysts at Desjardins
Equities research analysts at Desjardins assumed coverage on shares of SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Rating) in a note issued to investors on Friday, The Fly reports. The firm set a “hold” rating on the stock.
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Other analysts have also issued research reports about the stock. CIBC boosted their price target on shares of SmartCentres Real Estate Investment Trust from C$33.00 to C$34.00 in a research report on Friday, February 10th. Scotiabank lowered their target price on shares of SmartCentres Real Estate Investment Trust from C$31.50 to C$31.00 in a report on Monday, February 13th.
SmartCentres Real Estate Investment Trust Trading Up 2.4 %
Shares of OTCMKTS:CWYUF traded up $0.46 during mid-day trading on Friday, reaching $19.48. 1,750 shares of the company’s stock were exchanged, compared to its average volume of 3,210. SmartCentres Real Estate Investment Trust has a twelve month low of $18.16 and a twelve month high of $27.30. The business’s fifty day moving average price is $20.16 and its 200-day moving average price is $20.05. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 3.35 and a beta of 1.09. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.84 and a current ratio of 0.84.
About SmartCentres Real Estate Investment Trust
SmartCentres Real Estate Investment Trust operates as an open-ended mutual fund trust, which engages developing, leasing, constructing, owning and managing shopping centers, office buildings, high-rise and low-rise condominiums and rental residences, seniors’ housing, townhome units, self-storage rental facilities, and industrial facilities.
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