CT Real Estate Investment Trust (OTCMKTS:CTRRF – Get Free Report)’s share price rose 0.3% during mid-day trading on Monday . The company traded as high as $12.90 and last traded at $12.90. Approximately 3,565 shares changed hands during trading, a decline of 78% from the average daily volume of 16,514 shares. The stock had previously closed at $12.8585.
Analyst Ratings Changes
CTRRF has been the subject of a number of recent analyst reports. BMO Capital Markets restated a “market perform” rating on shares of CT Real Estate Investment Trust in a research report on Friday, May 15th. TD Securities reiterated a “hold” rating on shares of CT Real Estate Investment Trust in a research report on Wednesday, May 13th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of CT Real Estate Investment Trust in a research note on Wednesday, May 13th. Royal Bank Of Canada reissued a “sector perform” rating on shares of CT Real Estate Investment Trust in a report on Monday, February 23rd. Finally, Scotiabank restated a “sector perform” rating on shares of CT Real Estate Investment Trust in a research note on Wednesday, May 13th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, CT Real Estate Investment Trust has a consensus rating of “Hold”.
View Our Latest Stock Report on CTRRF
CT Real Estate Investment Trust Stock Performance
About CT Real Estate Investment Trust
CT Real Estate Investment Trust (OTCMKTS: CTRRF) is a Canadian real estate investment trust focused on owning, leasing and managing a diversified portfolio of predominantly retail and mixed-use properties across Canada. Established in 2013 as a spin-off from Canadian Tire Corporation, the Trust’s holdings include automotive service centres, flagship Canadian Tire and affiliated retail stores, distribution and logistics facilities, as well as properties leased to select third-party retailers.
The Trust employs a long-term, netālease strategy designed to generate stable and predictable rental income.
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