Royal Bank of Canada Reiterates “Sector Perform” Rating for Pure Multi-Family REIT (OTCMKTS:PMULF)

Royal Bank of Canada reiterated their sector perform rating on shares of Pure Multi-Family REIT (OTCMKTS:PMULF) in a report issued on Tuesday morning, BenzingaRatingsTable reports.

PMULF has been the subject of a number of other reports. CIBC restated a hold rating on shares of Pure Multi-Family REIT in a research note on Friday, August 9th. BMO Capital Markets downgraded Pure Multi-Family REIT from an outperform rating to a market perform rating in a research note on Thursday, August 8th.

Pure Multi-Family REIT stock opened at $7.56 on Tuesday. The business has a 50-day simple moving average of $7.49 and a two-hundred day simple moving average of $6.87. Pure Multi-Family REIT has a 52-week low of $4.62 and a 52-week high of $8.80.

About Pure Multi-Family REIT

Pure Multi-Family is a Canadian based, publicly traded vehicle which offers investors exclusive exposure to attractive, institutional quality U.S. multi-family real estate assets.

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