Summit Industrial Income REIT (CVE:SMU.UN) had its target price lifted by Royal Bank of Canada from C$9.50 to C$11.50 in a report issued on Monday, February 25th. The brokerage currently has a sector perform rating on the stock.
Other research analysts have also recently issued research reports about the stock. National Bank Financial raised their price target on shares of Summit Industrial Income REIT from C$10.75 to C$11.00 and gave the stock a sector perform rating in a report on Friday, February 22nd. CIBC raised their price target on shares of Summit Industrial Income REIT from C$10.00 to C$11.00 and gave the stock a neutral rating in a report on Friday, February 22nd. Finally, Desjardins increased their price objective on shares of Summit Industrial Income REIT from C$9.00 to C$9.50 in a research note on Monday, November 12th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of C$10.64.
Summit Industrial Income REIT has a 52-week low of C$5.22 and a 52-week high of C$12.00.
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