Slate Office REIT (TSE:SOT.UN – Get Free Report) had its price target cut by equities researchers at TD Securities from C$0.80 to C$0.75 in a note issued to investors on Wednesday, BayStreet.CA reports. TD Securities’ price target suggests a potential upside of 11.94% from the company’s previous close.
Separately, Cormark upgraded shares of Slate Office REIT from a “reduce” rating to a “market perform” rating in a research note on Friday, March 8th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of C$1.22.
View Our Latest Research Report on SOT.UN
Slate Office REIT Trading Down 5.6 %
Slate Office REIT Company Profile
Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions.
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