True North Commercial REIT (TSE:TNT.UN – Get Free Report) had its price target reduced by stock analysts at National Bankshares from C$8.75 to C$8.50 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bankshares’ price target would suggest a potential downside of 11.27% from the company’s current price.
Several other equities research analysts also recently weighed in on TNT.UN. CIBC upped their price target on True North Commercial REIT from C$8.05 to C$9.00 and gave the stock a “neutral” rating in a report on Thursday, March 21st. Raymond James cut their price target on True North Commercial REIT from C$11.25 to C$10.00 and set a “market perform” rating on the stock in a report on Thursday, March 21st.
Read Our Latest Stock Analysis on True North Commercial REIT
True North Commercial REIT Price Performance
About True North Commercial REIT
The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 46 commercial properties consisting of approximately 3.7 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit-rated tenants.
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