Posted by admin on Aug 19th, 2022 
SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Rating) had its target price raised by Scotiabank from C$32.50 to C$33.25 in a note issued to investors on Wednesday, The Fly reports.
Several other brokerages have also recently issued reports on CWYUF. National Bank Financial decreased their price objective on SmartCentres Real Estate Investment Trust from C$34.00 to C$29.00 in a report on Wednesday, July 20th. Desjardins cut their price objective on SmartCentres Real Estate Investment Trust from C$33.50 to C$33.00 in a research note on Tuesday, May 17th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $33.04.
Shares of CWYUF stock opened at $22.71 on Wednesday. The stock has a market cap of $4.04 billion, a PE ratio of 3.90 and a beta of 1.08. The business has a 50-day simple moving average of $21.82 and a 200-day simple moving average of $23.65. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.78. SmartCentres Real Estate Investment Trust has a 52-week low of $19.95 and a 52-week high of $27.86.
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SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. SmartCentres has approximately $10.4 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with 97.4% occupancy, on 3,500 acres of owned land across Canada.
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