PRO Real Estate Investment Trust (CVE:PRV.UN) Given a C$5.00 Price Target by BMO Capital Markets Analysts

PRO Real Estate Investment Trust (CVE:PRV.UN) has been assigned a C$5.00 price target by research analysts at BMO Capital Markets in a research note issued on Friday,BayStreet.CA reports. The firm presently has a “market perform” rating on the stock. BMO Capital Markets’ price objective indicates a potential upside of 117.39% from the stock’s previous close.

Separately, Raymond James dropped their price target on PRO Real Estate Investment Trust from C$6.50 to C$6.25 in a research report on Monday, January 13th.

PRO Real Estate Investment Trust Trading Up 0.4 %

PRO Real Estate Investment Trust stock opened at C$2.30 on Friday. PRO Real Estate Investment Trust has a 52 week low of C$1.80 and a 52 week high of C$2.45. The business’s 50-day simple moving average is C$2.30 and its 200-day simple moving average is C$2.30.

About PRO Real Estate Investment Trust

PROREIT is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area. Established in 2013, PROREIT is mainly focused on strong secondary markets in Quebec, Atlantic Canada and Ontario, with selective exposure in Western Canada.