SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Free Report) reached a new 52-week high during trading on Tuesday after TD Securities upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $21.54 and last traded at $21.42, with a volume of 19783 shares. The stock had previously closed at $21.26.
A number of other equities analysts have also recently issued reports on CWYUF. Colliers Securities upgraded shares of SmartCentres Real Estate Investment Trust to a “moderate buy” rating in a research note on Thursday, April 16th. Zacks Research lowered shares of SmartCentres Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.
View Our Latest Stock Analysis on SmartCentres Real Estate Investment Trust
SmartCentres Real Estate Investment Trust Stock Performance
SmartCentres Real Estate Investment Trust Company Profile
SmartCentres Real Estate Investment Trust is a Canada-based real estate investment trust specializing in the ownership, development and management of retail-focused commercial properties. The trust’s portfolio is anchored predominantly by Walmart Canada, complemented by a mix of other national and regional tenants. SmartCentres targets high-traffic, community-centric locations, offering grocery, discount department, service and specialty retailers within its shopping centres.
Originally established in 1994, the trust has grown through a combination of development, strategic acquisitions and redevelopments.
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