BSR Real Estate Investment Trust (OTCMKTS:BSRTF) Shares Down 0.4% – Here’s Why

BSR Real Estate Investment Trust (OTCMKTS:BSRTF)’s share price fell 0.4% on Wednesday . The company traded as low as $11.7050 and last traded at $11.7050. 2,135 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 20,589 shares. The stock had previously closed at $11.75.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada lowered shares of BSR Real Estate Investment Trust to a “sector perform” rating and set a $13.00 price target on the stock. in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, BSR Real Estate Investment Trust presently has an average rating of “Hold” and a consensus price target of $13.00.

BSR Real Estate Investment Trust Price Performance

The stock has a 50-day simple moving average of $11.79 and a 200 day simple moving average of $11.97.

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.