Crombie Real Estate Investment Trust (TSE:CRR.UN) Given New C$18.00 Price Target at Royal Bank Of Canada

Crombie Real Estate Investment Trust (TSE:CRR.UN) had its target price raised by Royal Bank Of Canada from C$16.50 to C$18.00 in a report released on Wednesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 7.21% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Raymond James Financial downgraded shares of Crombie Real Estate Investment Trust from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, January 14th. TD upped their price objective on shares of Crombie Real Estate Investment Trust from C$17.50 to C$18.00 and gave the company a “buy” rating in a research note on Monday. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$17.63.

Crombie Real Estate Investment Trust Trading Down 1.5%

Shares of CRR.UN traded down C$0.26 on Wednesday, hitting C$16.79. 52,709 shares of the stock traded hands, compared to its average volume of 203,271. The company has a quick ratio of 0.11, a current ratio of 0.14 and a debt-to-equity ratio of 120.87. The firm has a market capitalization of C$3.14 billion, a P/E ratio of -64.74 and a beta of 0.77. The stock’s 50 day moving average is C$16.35 and its two-hundred day moving average is C$15.81. Crombie Real Estate Investment Trust has a 1 year low of C$14.07 and a 1 year high of C$17.31.

Crombie Real Estate Investment Trust (TSE:CRR.UN) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.65 earnings per share (EPS) for the quarter. The business had revenue of C$130.30 million for the quarter. Crombie Real Estate Investment Trust had a net margin of 24.18% and a return on equity of 6.00%. As a group, sell-side analysts predict that Crombie Real Estate Investment Trust will post 0.6535637 earnings per share for the current year.

About Crombie Real Estate Investment Trust

Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country’s leading owners, operators, and developers of quality real estate assets, Crombie’s portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at September 30, 2025, our portfolio contained 306 properties comprising approximately 18.8 million square feet, inclusive of joint ventures at Crombie’s share, and a significant pipeline of future development projects.