Slate Grocery REIT (TSE:SGR.UN – Get Free Report) had its price objective lowered by stock analysts at Royal Bank of Canada from C$9.50 to C$9.00 in a research report issued on Monday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective suggests a potential downside of 15.81% from the stock’s current price.
A number of other research firms have also recently weighed in on SGR.UN. Raymond James dropped their price target on Slate Grocery REIT from C$10.00 to C$9.00 and set a “market perform” rating for the company in a report on Wednesday, April 24th. CIBC decreased their price objective on shares of Slate Grocery REIT from C$9.75 to C$9.50 and set a “neutral” rating on the stock in a report on Thursday, May 2nd. Finally, Scotiabank dropped their target price on shares of Slate Grocery REIT from C$9.50 to C$9.00 and set a “sector perform” rating for the company in a research note on Thursday, May 2nd.
View Our Latest Report on SGR.UN
Slate Grocery REIT Price Performance
Slate Grocery REIT Company Profile
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.
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