Primaris Real Estate Investment Trust (TSE:PMZ) Given Consensus Recommendation of “Buy” by Analysts

Primaris Real Estate Investment Trust (TSE:PMZ) has received an average rating of “Buy” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

PMZ has been the topic of a number of research analyst reports. Royal Bank of Canada upgraded Primaris Real Estate Investment Trust to a “moderate buy” rating in a report on Monday, December 2nd. National Bank Financial raised Primaris Real Estate Investment Trust to a “hold” rating in a research note on Wednesday, October 9th. Finally, Canaccord Genuity Group raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, September 27th.

Primaris Real Estate Investment Trust Stock Performance

Primaris Real Estate Investment Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.84 annualized dividend and a dividend yield of ∞.