H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$10.59 and traded as high as C$11.20. H&R Real Estate Investment Trust shares last traded at C$11.08, with a volume of 764,447 shares traded.
Analyst Upgrades and Downgrades
Separately, National Bank Financial set a C$12.00 price objective on shares of H&R Real Estate Investment Trust and gave the company an “outperform” rating in a research note on Monday, April 20th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, H&R Real Estate Investment Trust currently has a consensus rating of “Moderate Buy” and an average price target of C$12.00.
Get Our Latest Stock Report on H&R Real Estate Investment Trust
H&R Real Estate Investment Trust Stock Performance
H&R Real Estate Investment Trust (TSE:HR.UN – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The real estate investment trust reported C($0.12) earnings per share for the quarter. The firm had revenue of C$184.25 million during the quarter. H&R Real Estate Investment Trust had a negative net margin of 20.83% and a negative return on equity of 4.16%. On average, sell-side analysts predict that H&R Real Estate Investment Trust will post 1.3814956 earnings per share for the current fiscal year.
About H&R Real Estate Investment Trust
H&R REIT is one of Canada’s largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.S. portfolio primarily comprised of high-quality residential (operating as Lantower Residential), industrial and office properties comprising approximately 21.3 million square feet.
Featured Stories
- Five stocks we like better than H&R Real Estate Investment Trust
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for H&R Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&R Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
