H&R Real Estate Investment Trust (TSE:HR.UN) Given New C$11.75 Price Target at Scotiabank

H&R Real Estate Investment Trust (TSE:HR.UN) had its price objective raised by Scotiabank from C$11.50 to C$11.75 in a research note issued to investors on Friday,BayStreet.CA reports.

Separately, TD Securities lifted their price target on H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the company a “buy” rating in a report on Wednesday, September 4th.

H&R Real Estate Investment Trust Trading Up 1.1 %

HR.UN stock opened at C$10.11 on Friday. The business has a fifty day moving average price of C$10.97 and a 200 day moving average price of C$9.94. The company has a debt-to-equity ratio of 73.68, a current ratio of 0.31 and a quick ratio of 0.19. H&R Real Estate Investment Trust has a fifty-two week low of C$8.63 and a fifty-two week high of C$11.67. The stock has a market capitalization of C$2.65 billion, a price-to-earnings ratio of -12.33 and a beta of 1.98.

H&R Real Estate Investment Trust Company Profile

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.