Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF) PT Raised to $14.50

Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF) had its price objective raised by Royal Bank of Canada from $13.50 to $14.50 in a research report issued to clients and investors on Monday, The Fly reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 26.13% from the stock’s previous close.

PPRQF has been the topic of several other research reports. National Bank Financial reissued a “sector perform” rating on shares of Choice Properties Real Estate Investment Trust in a research note on Friday, April 23rd. Scotiabank raised their price objective on shares of Choice Properties Real Estate Investment Trust from $13.50 to $14.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 17th. TD Securities raised their price objective on shares of Choice Properties Real Estate Investment Trust from $14.00 to $15.00 and gave the company a “hold” rating in a research report on Monday. Finally, CIBC raised their price objective on shares of Choice Properties Real Estate Investment Trust from $13.50 to $14.00 and gave the company a “neutral” rating in a research report on Friday, February 12th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $14.68.

Choice Properties Real Estate Investment Trust stock opened at $11.50 on Monday. The company’s 50-day moving average price is $11.04 and its two-hundred day moving average price is $10.35. Choice Properties Real Estate Investment Trust has a 52 week low of $8.45 and a 52 week high of $11.50.

Choice Properties Real Estate Investment Trust Company Profile

Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high-quality portfolio comprising 725 properties totaling 66.1 million square feet of gross leasable area. Choice Properties owns a portfolio comprised of retail properties predominantly leased to necessity-based tenants; industrial, office and residential assets concentrated in attractive markets; and offers an impressive and substantial development pipeline.

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Analyst Recommendations for Choice Properties Real Estate Investment Trust (OTCMKTS:PPRQF)

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