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.
Recommended Story: How do buyers and sellers choose a strike price?
Receive News & Ratings for Melcor Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.