BSR Real Estate Investment Trust (OTCMKTS: BSRTF – Get a rating) received an average rating of “Buy” by the seven analysts who cover the company, market beat reports. One investment analyst rated the stock with a hold recommendation and three gave the company a buy recommendation. The 1-year average price target among analysts who have covered the stock over the past year is $20.17.
Several research companies have commented on BSRTF. Raymond James lowered its target price on shares of BSR Real Estate Investment Trust from C$25.00 to C$24.00 in a Tuesday, May 3 research report. BMO Capital Markets raised its price target on shares of BSR Real Estate Investment Trust from C$20.75 to C$25.00 in a Friday, March 11 research report. Finally, Desjardins raised its price target on shares of BSR Real Estate Investment Trust from CA$21.00 to CA$23.00 in a Thursday, February 10, research report.
OTCMKTS BSRTF opened at $17.25 on Friday. BSR Real Estate Investment Trust has a 52 week low of $11.59 and a 52 week high of $22.70. The company has a 50-day moving average price of $19.93 and a two-hundred-day moving average price of $18.44.
About BSR Real Estate Investment Trust (Get a rating)
BSR Real Estate Investment Trust is an open-ended, unincorporated, internally managed real estate investment trust established pursuant to a Declaration of Trust under the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-family residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.
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