Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price Expected to Rise, National Bankshares Analyst Says

Bsr Real Estate Investment Trust (TSE:HOM.U) had its price target increased by stock analysts at National Bankshares from C$13.50 to C$14.00 in a note issued to investors on Friday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. National Bankshares’ target price suggests a potential upside of 10.15% from the stock’s previous close.

Separately, Royal Bank of Canada cut their target price on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set an “outperform” rating on the stock in a research report on Friday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$15.10.

Bsr Real Estate Investment Trust Stock Up 1.0 %

Shares of HOM.U traded up C$0.13 during midday trading on Friday, reaching C$12.71. 3,949 shares of the stock were exchanged, compared to its average volume of 14,999. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 161.52. The company’s 50 day moving average is C$11.96 and its two-hundred day moving average is C$12.82. The company has a market capitalization of C$424.26 million, a P/E ratio of -2.17 and a beta of 1.08. Bsr Real Estate Investment Trust has a 52 week low of C$10.53 and a 52 week high of C$14.48.

About Bsr Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.