Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF) Receives $16.06 Average Price Target from Analysts

Shares of Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF – Get Rating) have been given an average rating of “Hold” by the eight analysts that are currently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $16.06.

PPRQF has been the topic of several research reports. National Bank Financial boosted their price objective on shares of Choice Properties Real Estate Investment Trust from C$15.50 to C$16.00 in a research report on Wednesday, April 27th. TD Securities boosted their price objective on shares of Choice Properties Real Estate Investment Trust from C$16.00 to C$16.50 in a research report on Monday, May 2nd. Finally, BMO Capital Markets boosted their price target on shares of Choice Properties Real Estate Investment Trust from C$15.50 to C$16.00 in a research report on Friday, April 29th.

PPRQF opened at $10.55 on Thursday. Choice Properties Real Estate Investment Trust has a 12 month low of $10.19 and a 12 month high of $12.63. The firm’s fifty day simple moving average is $11.54 and its 200 day simple moving average is $11.68.

Choice Properties Real Estate Investment Trust Company Profile (Get Rating)

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high-quality portfolio comprising 725 properties totaling 66.1 million square feet of gross leasable area. Choice Properties owns a portfolio comprised of retail properties predominantly leased to necessity-based tenants; industrial, office and residential assets concentrated in attractive markets; and offers an impressive and substantial development pipeline.

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