H&R Real Estate Investment Trust (OTCMKTS:HRUFF – Get Rating) had its target price increased by research analysts at National Bank Financial from C$15.25 to C$16.50 in a research report issued to clients and investors on Monday, The Fly reports.

Several other research firms also recently issued reports on HRUFF. TD Securities lifted their price target on shares of H&R Real Estate Investment Trust from C$15.50 to C$17.00 in a research note on Monday, May 16th. BMO Capital Markets boosted their target price on shares of H&R Real Estate Investment Trust from C$16.00 to C$18.00 in a research report on Monday, May 16th. Scotiabank boosted their target price on shares of H&R Real Estate Investment Trust from C$15.25 to C$16.50 in a research report on Wednesday, May 18th. Royal Bank of Canada boosted their target price on shares of H&R Real Estate Investment Trust from C$14.25 to C$16.00 in a research report on Monday, May 16th. Finally, CIBC boosted their target price on shares of H&R Real Estate Investment Trust from C$15.50 to C$17.50 in a research report on Monday, May 16th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.46.

H&R Real Estate Investment Trust Trading Down 1.9 %

Shares of HRUFF opened at $10.65 on Monday. The company's fifty day moving average is $10.06 and its two-hundred day moving average is $10.18. H&R Real Estate Investment Trust has a fifty-two week low of $9.07 and a fifty-two week high of $13.88.

About H&R Real Estate Investment Trust

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $13.3 billion at September 30, 2020. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 40 million square feet.

Further Reading

• Get a free copy of the StockNews.com research report on H&R Real Estate Investment Trust (HRUFF)
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