SmartCentres Real Estate Investment Trust (OTCMKTS: CWYUF) Receives Consensus Recommendation of “Hold” from Analysts


SmartCentres Real Estate Investment Trust (OTCMKTS: CWYUF – Get Rating) has earned an average recommendation of “Hold” from the eight analysts that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $ 33.50.

CWYUF has been the topic of several recent analyst reports. Desjardins lowered their price target on SmartCentres Real Estate Investment Trust from C $ 33.50 to C $ 33.00 in a research report on Tuesday, May 17th. TD Securities boosted their price target on SmartCentres Real Estate Investment Trust from C $ 32.00 to C $ 33.00 in a research report on Thursday, February 17th. Royal Bank of Canada boosted their price target on SmartCentres Real Estate Investment Trust from C $ 34.00 to C $ 35.00 in a research report on Tuesday, February 22nd. Scotiabank lowered their price target on SmartCentres Real Estate Investment Trust from C $ 33.00 to C $ 32.50 in a research report on Monday, May 16th. Finally, Canaccord Genuity Group lowered SmartCentres Real Estate Investment Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, April 6th.

OTCMKTS: CWYUF opened at $ 23.16 on Friday. The firm has a market capitalization of $ 4.12 billion, a price-to-earnings ratio of 16.78 and a beta of 1.11. SmartCentres Real Estate Investment Trust has a twelve month low of $ 22.01 and a twelve month high of $ 27.86. The stock’s 50 day moving average price is $ 24.68 and its two-hundred day moving average price is $ 24.74.

SmartCentres Real Estate Investment Trust Company Profile (Get Rating)

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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Analyst Recommendations for SmartCentres Real Estate Investment Trust (OTCMKTS: CWYUF)



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