InterRent Real Estate Investment Trust (TSE:IIP.UN – Get Free Report) had its price objective decreased by BMO Capital Markets from C$15.00 to C$14.00 in a report released on Monday, BayStreet.CA reports. BMO Capital Markets’ target price would indicate a potential upside of 16.57% from the stock’s current price.
Separately, National Bankshares raised their target price on shares of InterRent Real Estate Investment Trust from C$14.75 to C$15.00 in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$15.07.
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InterRent Real Estate Investment Trust Stock Performance
About InterRent Real Estate Investment Trust
InterRent?REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution?through the acquisition and ownership of multi-residential properties. InterRent’s strategy is to expand its portfolio primarily within?markets that have exhibited stable market vacancies,?sufficient suites available to attain the critical mass necessary to implement?an efficient portfolio management structure, and?offer opportunities for accretive acquisitions.
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