National Bankshares Forecasts Strong Price Appreciation for SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Stock

SmartCentres Real Estate Investment Trst (TSE:SRU.UN) had its price target increased by National Bankshares from C$24.00 to C$25.00 in a research report sent to investors on Monday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Separately, Scotiabank upped their price objective on shares of SmartCentres Real Estate Investment Trst from C$25.50 to C$26.00 in a report on Wednesday, February 19th.

SmartCentres Real Estate Investment Trst Trading Down 0.8%

TSE SRU.UN opened at C$25.42 on Monday. The company has a market capitalization of C$3.68 billion, a PE ratio of 15.50 and a beta of 1.25. SmartCentres Real Estate Investment Trst has a 1-year low of C$21.50 and a 1-year high of C$27.50. The company has a current ratio of 0.17, a quick ratio of 0.10 and a debt-to-equity ratio of 80.88. The firm’s fifty day simple moving average is C$25.12 and its 200-day simple moving average is C$25.06.

SmartCentres Real Estate Investment Trst Company Profile

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.