BTB Real Estate Investment Trust (TSE:BTB.UN) Stock Gets Price Target Reduction from National Bank Financial

BTB Real Estate Investment Trust (TSE:BTB.UN – Get Free Report) had its price objective decreased by equities researchers at National Bank Financial from C$3.50 to C$3.35 in a research note issued on Thursday, BayStreet reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. National Bank Financial‘s price objective suggests a potential downside of 2.90% from the company’s current price.

BTB Real Estate Investment Trust Stock Up 1.5%

TSE BTB.UN traded up C$0.05 on Thursday, reaching C$3.45. The stock had a trading volume of 130,365 shares, compared to its average volume of 93,172. The business has a 50 day moving average price of C$3.65 and a 200 day moving average price of C$3.84. The company has a current ratio of 0.16, a quick ratio of 0.17 and a debt-to-equity ratio of 150.90. BTB Real Estate Investment Trust has a 1 year low of C$3.36 and a 1 year high of C$4.33. The company has a market capitalization of C$305.18 million, a price-to-earnings ratio of 12.32 and a beta of 0.46.

BTB Real Estate Investment Trust (TSE:BTB.UN – Get Free Report) last released its quarterly earnings data on Tuesday, November 10th. The real estate investment trust reported C$0.07 earnings per share (EPS) for the quarter. BTB Real Estate Investment Trust had a net margin of 24.50% and a return on equity of 6.58%. The business had revenue of C$31.50 million during the quarter. On average, analysts forecast that BTB Real Estate Investment Trust will post 0.40 EPS for the current fiscal year.

BTB Real Estate Investment Trust Company Profile

(Get Free Report)

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 72 properties, representing a total leasable area of approximately 6 million square feet. People and their stories are at the heart of our success.

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