Slate Grocery REIT (TSE:SGR.UN – Free Report) had its target price cut by CIBC from C$9.75 to C$9.50 in a research note released on Thursday morning, BayStreet.CA reports. They currently have a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the stock. Raymond James decreased their price target on shares of Slate Grocery REIT from C$10.00 to C$9.00 and set a market perform rating on the stock in a research note on Wednesday, April 24th. Scotiabank decreased their target price on shares of Slate Grocery REIT from C$9.50 to C$9.00 and set a sector perform rating on the stock in a research report on Thursday.
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Slate Grocery REIT Price Performance
Slate Grocery REIT Company Profile
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.
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