Summit Industrial Income REIT (CVE:SMU.UN) PT Set at C$13.00 by National Bank Financial

National Bank Financial set a C$13.00 target price on Summit Industrial Income REIT (CVE:SMU.UN) in a research note published on Friday morning, BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Several other research analysts also recently weighed in on SMU.UN. Royal Bank of Canada upped their price objective on shares of Summit Industrial Income REIT from C$12.50 to C$13.00 and gave the stock a sector perform rating in a report on Tuesday, June 25th. CIBC upped their price objective on shares of Summit Industrial Income REIT from C$13.00 to C$13.25 in a report on Friday. Desjardins set a C$12.50 target price on shares of Summit Industrial Income REIT in a report on Thursday, May 9th. Finally, BMO Capital Markets increased their target price on shares of Summit Industrial Income REIT from C$11.50 to C$13.00 in a report on Tuesday, May 14th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company has an average rating of Hold and an average price target of C$12.18.

Summit Industrial Income REIT has a 1-year low of C$5.22 and a 1-year high of C$12.00.

Recommended Story: Trading Strategy

Analyst Recommendations for Summit Industrial Income REIT (CVE:SMU.UN)

Receive News & Ratings for Summit Industrial Income REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Summit Industrial Income REIT and related companies with MarketBeat.com's FREE daily email newsletter.