BSR Real Estate Investment Trust (TSE:HOM.UN) Price Target Cut to C$12.50 by Analysts at National Bankshares

BSR Real Estate Investment Trust (TSE:HOM.UN) had its price objective decreased by National Bankshares from C$13.25 to C$12.50 in a research note released on Wednesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

BSR Real Estate Investment Trust Stock Performance

HOM.UN opened at C$14.87 on Wednesday. The stock’s 50 day simple moving average is C$15.13 and its 200 day simple moving average is C$15.19. BSR Real Estate Investment Trust has a 1 year low of C$13.63 and a 1 year high of C$18.53.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary markets in the Sunbelt region of the United States.