Raymond James Cuts PRO Real Estate Investment Trust (CVE:PRV.UN) Price Target to C$6.25

PRO Real Estate Investment Trust (CVE:PRV.UN) had its price target decreased by Raymond James from C$6.50 to C$6.25 in a research report report published on Monday,BayStreet.CA reports.

Separately, CIBC increased their price objective on shares of PRO Real Estate Investment Trust from C$6.25 to C$6.50 in a research note on Friday, November 15th.

PRO Real Estate Investment Trust Price Performance

PRV.UN stock opened at C$2.30 on Monday. The company’s 50-day moving average price is C$2.30 and its 200 day moving average price is C$2.30. PRO Real Estate Investment Trust has a 52 week low of C$1.80 and a 52 week high of C$2.45.

About PRO Real Estate Investment Trust

PROREIT is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area. Established in 2013, PROREIT is mainly focused on strong secondary markets in Quebec, Atlantic Canada and Ontario, with selective exposure in Western Canada.