Bsr Real Estate Investment Trust (TSE:HOM.U) Given New C$15.00 Price Target at Scotiabank

Bsr Real Estate Investment Trust (TSE:HOM.U) had its target price upped by investment analysts at Scotiabank from C$14.50 to C$15.00 in a research report issued on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Scotiabank’s price objective suggests a potential upside of 23.97% from the company’s current price.

Several other research analysts have also recently weighed in on HOM.U. National Bankshares boosted their price objective on Bsr Real Estate Investment Trust from C$12.50 to C$13.00 and gave the stock a “sector perform” rating in a research report on Friday. TD Securities cut their target price on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set a “buy” rating for the company in a research report on Friday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Bsr Real Estate Investment Trust presently has an average rating of “Moderate Buy” and a consensus target price of C$14.75.

Bsr Real Estate Investment Trust Stock Up 0.8%

HOM.U traded up C$0.10 during midday trading on Friday, reaching C$12.10. 2,500 shares of the company were exchanged, compared to its average volume of 16,395. The company has a market cap of C$405.42 million, a price-to-earnings ratio of -19.76 and a beta of 0.93. Bsr Real Estate Investment Trust has a one year low of C$11.00 and a one year high of C$13.58. The company’s fifty day moving average price is C$11.73 and its 200 day moving average price is C$12.51. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12.

About Bsr Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.