Scotiabank Cuts Boardwalk Real Estate Investment Trust (TSE:BEI.UN) Price Target to C$74.00

Posted by Brenda Bartman on Aug 2nd, 2026

Boardwalk Real Estate Investment Trust (TSE:BEI.UN – Free Report) had its price objective decreased by Scotiabank from C$74.50 to C$74.00 in a research note issued to investors on Thursday morning,BayStreet.CA reports. Scotiabank currently has a sector perform rating on the real estate investment trust’s stock.

BEI.UN has been the topic of a number of other research reports. TD decreased their price target on shares of Boardwalk Real Estate Investment Trust from C$85.00 to C$82.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Scotia dropped their price objective on Boardwalk Real Estate Investment Trust from C$75.50 to C$74.50 and set a “sector perform” rating for the company in a report on Thursday, May 7th. Raymond James Financial downgraded Boardwalk Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the stock from C$82.00 to C$80.00 in a report on Friday, May 8th. Desjardins cut their target price on Boardwalk Real Estate Investment Trust from C$78.00 to C$77.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada lifted their target price on Boardwalk Real Estate Investment Trust from C$81.00 to C$84.00 and gave the company an “outperform” rating in a report on Thursday. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$79.28.

Read Our Latest Report on Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust Price Performance

Boardwalk Real Estate Investment Trust stock opened at C$66.25 on Thursday. Boardwalk Real Estate Investment Trust has a 1 year low of C$60.75 and a 1 year high of C$73.96. The company has a debt-to-equity ratio of 77.35, a quick ratio of 0.04 and a current ratio of 0.23. The firm has a 50 day moving average price of C$65.26 and a 200 day moving average price of C$65.77. The company has a market cap of C$3.44 billion, a price-to-earnings ratio of -77.94, a PEG ratio of 1.24 and a beta of 0.53.

Boardwalk Real Estate Investment Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 17th will be issued a $0.15 dividend. The ex-dividend date is Friday, July 31st. This represents a c) annualized dividend and a yield of 2.7%. Boardwalk Real Estate Investment Trust’s dividend payout ratio (DPR) is presently -199.41%.

Boardwalk Real Estate Investment Trust Company Profile

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Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company’s cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT’s total residential suites.