Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Crombie Real Estate Investment Trust (TSE:CRR.UN – Get Rating) had its target price raised by stock analysts at National Bankshares from C$17.50 to C$18.00 in a report issued on Wednesday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential upside of 8.83% from the stock’s previous close.
Other research analysts also recently issued research reports about the stock. TD Securities lowered their price objective on shares of Crombie Real Estate Investment Trust from C$20.00 to C$19.50 and set a “buy” rating on the stock in a research report on Friday, May 13th. CIBC decreased their price target on shares of Crombie Real Estate Investment Trust from C$19.50 to C$18.25 in a research report on Monday, June 27th. Finally, Scotiabank decreased their price target on shares of Crombie Real Estate Investment Trust from C$20.25 to C$19.75 in a research report on Friday, May 13th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$19.08.
Crombie Real Estate Investment Trust Stock Performance
Crombie Real Estate Investment Trust stock traded down C$0.11 during midday trading on Wednesday, reaching C$16.54. 51,340 shares of the company traded hands, compared to its average volume of 184,046. The firm has a market capitalization of C$2.93 billion and a price-to-earnings ratio of 18.58. The business has a 50 day moving average of C$16.20 and a two-hundred day moving average of C$17.12. Crombie Real Estate Investment Trust has a 12 month low of C$15.21 and a 12 month high of C$19.09. The company has a debt-to-equity ratio of 121.55, a current ratio of 0.12 and a quick ratio of 0.06.
About Crombie Real Estate Investment Trust
(Get Rating)
Crombie Real Estate Investment Trust ("Crombie") is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. Crombie is one of the country's leading national retail property landlords with a strategy to own, operate and develop a portfolio of high quality grocery and drug store anchored shopping centres, freestanding stores and mixed use developments primarily in Canada's top urban and suburban markets.
Read More
- Lowe’s Stands Out Amid Q2 Retail ReportsÂ
- Agilent Technologies Proves Its Worth VS IlluminaÂ
- Target’s Results Cap Upside Potential For Retail StocksÂ
- Are These 3 Video Game Stocks Now In Play?
- 2 Long-Term EV Plays Trading Under $20
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to
co*****@ma********.com
.
Before you consider Crombie Real Estate Investment Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Crombie Real Estate Investment Trust wasn’t on the list.
While Crombie Real Estate Investment Trust currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Strategy for maintaining your portfolio value while still making withdrawals to pay your life expenses. And most importantly, avoiding big losses.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 |
co*****@ma********.com
| (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.
Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
About Author
