RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Gets Price Target Cut from National Bank Financial

RioCan Real Estate Investment Trust (TSE:REI.UN) had its target price decreased by National Bank Financial from C$26.50 to C$24.50 in a research report released on Wednesday,BayStreet reports. National Bank Financial currently has an outperform rating on the real estate investment trust’s stock.

Other research analysts have also recently issued reports about the company. Royal Bank Of Canada upped their price objective on RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Scotia increased their price objective on RioCan Real Estate Investment Trust from C$22.25 to C$22.50 and gave the stock a “sector perform” rating in a research report on Thursday, August 6th. Canaccord Genuity Group raised their target price on RioCan Real Estate Investment Trust from C$21.50 to C$22.50 and gave the stock a “hold” rating in a research note on Thursday, August 6th. Finally, Desjardins lifted their target price on RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$23.84.

RioCan Real Estate Investment Trust Price Performance

Shares of REI.UN stock opened at C$21.44 on Wednesday. The company has a debt-to-equity ratio of 95.37, a current ratio of 0.30 and a quick ratio of 0.08. The company has a market capitalization of C$6.24 billion, a PE ratio of 24.93 and a beta of 0.85. The firm’s 50-day moving average is C$20.84 and its two-hundred day moving average is C$21.58. RioCan Real Estate Investment Trust has a 12 month low of C$18.06 and a 12 month high of C$23.25.

RioCan Real Estate Investment Trust (TSE:REI.UN) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported C$0.52 earnings per share for the quarter. The business had revenue of C$304.36 million during the quarter. RioCan Real Estate Investment Trust had a net margin of 4.86% and a return on equity of 0.78%.

RioCan Real Estate Investment Trust Company Profile

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at June 30, 2026, our portfolio is comprised of 164 properties with an aggregate net leasable area of approximately 31 million square feet (at RioCan’s interest).