H&R Real Estate Investment Trust (OTCMKTS:HRUFF) Given Average Rating of “Moderate Buy” by Brokerages

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H&R Real Estate Investment Trust (OTCMKTS:HRUFFGet Rating) has been assigned a consensus recommendation of “Buy” from the seven research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $18.14.

HRUFF has been the subject of several research reports. BMO Capital Markets boosted their price objective on shares of H&R Real Estate Investment Trust from C$16.00 to C$18.00 in a research report on Monday, May 16th. Scotiabank boosted their price target on H&R Real Estate Investment Trust from C$15.25 to C$16.50 in a report on Wednesday, May 18th. CIBC raised their price objective on H&R Real Estate Investment Trust from C$15.50 to C$17.50 in a report on Monday, May 16th. TD Securities upped their target price on H&R Real Estate Investment Trust from C$15.50 to C$17.00 in a report on Monday, May 16th. Finally, Royal Bank of Canada increased their price target on H&R Real Estate Investment Trust from C$14.25 to C$16.00 in a research report on Monday, May 16th.

Shares of HRUFF opened at $9.60 on Wednesday. The firm has a fifty day moving average price of $10.21 and a 200-day moving average price of $10.59. H&R Real Estate Investment Trust has a 12-month low of $9.07 and a 12-month high of $13.88.

H&R Real Estate Investment Trust Company Profile (Get Rating)

H&R REIT is one of Canada’s largest real estate investment trusts with total assets of approximately $13.3 billion at September 30, 2020. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 40 million square feet.

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