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.
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