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True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Price Target Cut to C$7.00

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Price Target Cut to C$7.00

truestfreedom by truestfreedom
May 10, 2022
in Commercial Real Estate
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True North Commercial Real Estate Investment Trust logoTrue North Industrial Actual Property Funding Belief (OTCMKTS:TUERF – Get Rating) had its worth goal lowered by analysis analysts at Raymond James from C$7.75 to C$7.00 in a analysis report issued on Monday, The Fly experiences.

A number of different equities analysts additionally just lately commented on the inventory. Canaccord Genuity Group reduce their worth goal on shares of True North Industrial Actual Property Funding Belief from C$7.50 to C$7.00 and set a “maintain” score on the inventory in a report on Wednesday, April sixth. Nationwide Financial institution Monetary reduce their worth goal on shares of True North Industrial Actual Property Funding Belief from C$7.50 to C$7.00 in a report on Wednesday, April twenty seventh. 5 equities analysis analysts have rated the inventory with a maintain score, Based mostly on knowledge from MarketBeat, the inventory presently has a median score of “Maintain” and a consensus goal worth of $7.25.

Shares of True North Commercial Real Estate Investment Trust stock traded down $0.05 throughout buying and selling hours on Monday, reaching $5.05. The corporate’s inventory had a buying and selling quantity of 120 shares, in comparison with its common quantity of 1,297. True North Industrial Actual Property Funding Belief has a one yr low of $3.86 and a one yr excessive of $7.08. The agency has a 50 day transferring common worth of $5.60 and a 200-day transferring common worth of $5.74.

About True North Industrial Actual Property Funding Belief (Get Rating)

The REIT is an unincorporated, open-ended actual property funding belief established below the legal guidelines of the Province of Ontario. The REIT at present owns and operates a portfolio of 48 industrial properties consisting of roughly 4.8 million sq. ft in city and choose strategic secondary markets throughout Canada specializing in long run leases with authorities and credit score rated tenants.

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