CT Real Estate Investment Trust (OTCMKTS:CTRRF) Receives Consensus Recommendation of “Hold” from Analysts

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

Several equities analysts recently commented on the company. Raymond James Financial raised CT Real Estate Investment Trust to an “outperform” rating in a report on Friday. Royal Bank Of Canada reissued a “sector perform” rating on shares of CT Real Estate Investment Trust in a research report on Wednesday, August 19th.

CT Real Estate Investment Trust Price Performance

Shares of CT Real Estate Investment Trust stock traded up $0.22 during trading on Friday, hitting $12.00. The stock had a trading volume of 100 shares, compared to its average volume of 37,089. The firm’s fifty day simple moving average is $12.55 and its 200-day simple moving average is $12.79. CT Real Estate Investment Trust has a 12 month low of $10.00 and a 12 month high of $13.88.

About CT Real Estate Investment Trust

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.