SmartCentres Real Estate Investment Trst (TSE:SRU.UN) Reaches New 1-Year High – What’s Next?

SmartCentres Real Estate Investment Trst (TSE:SRU.UN – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$29.25 and last traded at C$29.12, with a volume of 252558 shares traded. The stock had previously closed at C$29.15.

Wall Street Analyst Weigh In

SRU.UN has been the subject of a number of recent research reports. National Bank Financial increased their price target on shares of SmartCentres Real Estate Investment Trst from C$27.10 to C$28.00 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. Royal Bank Of Canada increased their price target on shares of SmartCentres Real Estate Investment Trst from C$30.00 to C$31.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Finally, Scotia increased their price target on shares of SmartCentres Real Estate Investment Trst from C$27.50 to C$28.50 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of C$28.75.

Get SmartCentres Real Estate Investment Trst alerts:

Read Our Latest Analysis on SmartCentres Real Estate Investment Trst

SmartCentres Real Estate Investment Trst Stock Performance

The stock has a market cap of C$4.97 billion, a price-to-earnings ratio of 13.60 and a beta of 0.81. The stock’s 50 day moving average is C$27.86 and its two-hundred day moving average is C$27.01. The company has a current ratio of 0.17, a quick ratio of 0.10 and a debt-to-equity ratio of 80.88.

About SmartCentres Real Estate Investment Trst

(Get Free Report)

SmartCentres Real Estate Investment Trust is a canadian fully integrated commercial and residential REITs, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under it’s wholly-owned residential sub-brand, SmartLiving.

Further Reading

• Five stocks we like better than SmartCentres Real Estate Investment Trst
• Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
• 2 Aluminum Stocks Poised for Big Tariff-Related Gains
• AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
• AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus

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