BTB Real Estate Investment Trust (TSE:BTB.UN) had its price target boosted by analysts at National Bank Financial from C$4.50 to C$4.65 in a research note issued on Thursday. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. National Bank Financial’s target price suggests a potential downside of 2.72% from the company’s current price.
Shares of BTB.UN opened at C$4.78 on Thursday. BTB Real Estate Investment Trust has a twelve month low of C$4.29 and a twelve month high of C$4.93.
BTB Real Estate Investment Trust Company Profile
BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. Today, BTB owns 65 retail, office and industrial properties for a total leasable area to date of 5.2 million square feet. The objectives of BTB are: (i) to grow its revenues from its assets to increase distributable income and therefore fund distributions; (ii) to maximize the value of its assets through dynamic management of its properties in order to sustain the long-term value of its units; and (iii) to generate cash distributions that are fiscally beneficial to unitholders.
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