Melcor Real Estate Investment Trust (MR.UN) PT Lowered to C$8.00 at Desjardins

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Melcor Real Estate Investment Trust (TSE:MR.UN) had its price target lowered by Desjardins from C$8.25 to C$8.00 in a research report released on Tuesday morning.

Separately, BMO Capital Markets reissued a market perform rating and issued a C$7.50 price objective on shares of Melcor Real Estate Investment Trust in a research report on Monday, February 11th.

Melcor Real Estate Investment Trust stock opened at C$7.46 on Tuesday. Melcor Real Estate Investment Trust has a 52-week low of C$7.77 and a 52-week high of C$9.34.

Melcor Real Estate Investment Trust Company Profile

Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canadian markets. Its portfolio is currently made up of interests in 36 properties representing approximately 2.84 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.

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