Raymond James Financial, Inc. Boosts RioCan Real Estate Investment Trust (REI.UN) Price Target to C$29.00

RioCan Real Estate Investment Trust (TSE:REI.UN) had its price target upped by Raymond James Financial, Inc. from C$27.00 to C$29.00 in a research report report published on Tuesday. They currently have an outperform rating on the real estate investment trust’s stock.

Several other equities analysts also recently commented on REI.UN. CIBC dropped their price objective on shares of RioCan Real Estate Investment Trust from C$29.50 to C$27.00 in a research note on Tuesday. Royal Bank Of Canada dropped their price objective on shares of RioCan Real Estate Investment Trust from C$30.00 to C$29.00 and set an outperform rating for the company in a research note on Monday, May 15th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. RioCan Real Estate Investment Trust currently has a consensus rating of Buy and a consensus price target of C$28.00.

COPYRIGHT VIOLATION WARNING: This article was first published by Stock Observer and is owned by of Stock Observer. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.thestockobserver.com/2017/08/12/raymond-james-financial-inc-boosts-riocan-real-estate-investment-trust-rei-un-price-target-to-c29-00.html.

About RioCan Real Estate Investment Trust

RioCan Real Estate Investment Trust (RioCan) is a Canada-based unincorporated closed-end real estate investment trust. The Trust owns and manages Canada’s portfolio of shopping centers with ownership interests in a portfolio of approximately 300 retail and mixed use properties, including approximately 15 properties under development, containing an aggregate net leasable area (NLA) of approximately 46,973,000 square feet.

Analyst Recommendations for RioCan Real Estate Investment Trust (TSE:REI.UN)

Receive News & Ratings for RioCan Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RioCan Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply