BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Shares Down 0.4% – What’s Next?

BSR Real Estate Investment Trust (OTCMKTS:BSRTF) dropped 0.4% during mid-day trading on Tuesday . The company traded as low as $11.30 and last traded at $11.30. Approximately 10,871 shares traded hands during trading, a decline of 53% from the average daily volume of 23,022 shares. The stock had previously closed at $11.3450.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada cut shares of BSR Real Estate Investment Trust to a “sector perform” rating and set a $13.00 target price for the company. in a research note on Thursday, March 12th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, BSR Real Estate Investment Trust has an average rating of “Hold” and a consensus target price of $13.00.

BSR Real Estate Investment Trust Stock Down 0.4%

The firm’s 50 day simple moving average is $11.52 and its two-hundred day simple moving average is $11.92.

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 markets in the Sunbelt region of the United States.