Pure Industrial Real Estate Trust (AAR.UN) Downgraded by National Bank Financial

National Bank Financial downgraded shares of Pure Industrial Real Estate Trust (CVE:AAR.UN) from an outperform rating to a tender rating in a report released on Wednesday morning. They currently have C$8.10 price target on the stock, up from their previous price target of C$7.00.

Several other equities analysts have also recently issued reports on the stock. CIBC lifted their price objective on shares of Pure Industrial Real Estate Trust from C$7.25 to C$8.10 in a research note on Wednesday. Raymond James Financial raised shares of Pure Industrial Real Estate Trust from a market perform rating to an outperform rating in a research note on Monday, January 8th.

Pure Industrial Real Estate Trust (CVE AAR.UN) opened at C$4.95 on Wednesday. The stock has a market cap of $673.18 and a P/E ratio of 18.33. Pure Industrial Real Estate Trust has a 52 week low of C$4.26 and a 52 week high of C$5.39.

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