CT Real Estate Investment Trust (OTCMKTS:CTRRF) Stock Rated “Hold” by Wall Street Brokerages

CT Real Estate Investment Trust (OTCMKTS:CTRRF) has been assigned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company.

CTRRF has been the topic of a number of research reports. Raymond James Financial upgraded shares of CT Real Estate Investment Trust to an “outperform” rating in a report on Friday. Royal Bank Of Canada reiterated a “sector perform” rating on shares of CT Real Estate Investment Trust in a research note on Wednesday, August 19th.

CT Real Estate Investment Trust Stock Up 1.9%

CTRRF traded up $0.22 during midday trading on Friday, hitting $12.00. The stock had a trading volume of 100 shares, compared to its average volume of 37,089. The business has a fifty day moving average of $12.55 and a 200 day moving average of $12.79. CT Real Estate Investment Trust has a 1 year low of $10.00 and a 1 year high of $13.88.

CT Real Estate Investment Trust Company Profile

CT Real Estate Investment Trust (OTCMKTS:CTRRF) is a Canadian real estate investment trust that owns, develops and manages income-producing commercial properties. Its portfolio is primarily focused on retail locations, including properties occupied by Canadian Tire stores, as well as a range of other commercial real estate assets.

The trust was established in 2013 through the transfer of a substantial portfolio of Canadian Tire-related properties into a publicly traded real estate vehicle.