Plaza Retail Reit (PLZ.UN) PT Lowered to C$5.00

Plaza Retail Reit (TSE:PLZ.UN) had its price objective lowered by investment analysts at Desjardins from C$5.25 to C$5.00 in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. Desjardins’ target price points to a potential upside of 15.74% from the company’s previous close.

PLZ.UN has been the topic of several other research reports. BMO Capital Markets reissued an “outperform” rating and set a C$5.25 price objective on shares of Plaza Retail Reit in a report on Monday, August 21st. Laurentian Bank of Canada reissued a “buy” rating and set a C$5.25 price objective on shares of Plaza Retail Reit in a report on Thursday, July 27th. Canaccord Genuity cut their price objective on Plaza Retail Reit from C$5.25 to C$5.00 in a report on Monday, October 30th. Laurentian set a C$5.25 price objective on Plaza Retail Reit and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, Royal Bank Of Canada cut their price objective on Plaza Retail Reit from C$5.00 to C$4.75 and set an “outperform” rating on the stock in a report on Monday. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Plaza Retail Reit has a consensus rating of “Buy” and a consensus target price of C$5.08.

Shares of Plaza Retail Reit (TSE:PLZ.UN) opened at C$4.32 on Monday. Plaza Retail Reit has a twelve month low of C$4.27 and a twelve month high of C$5.18.

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Analyst Recommendations for Plaza Retail Reit (TSE:PLZ.UN)

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