SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF – Get Rating) had its price target dropped by equities research analysts at National Bank Financial from C$34.00 to C$29.00 in a research report issued on Wednesday, The Fly reports.

Other equities analysts also recently issued research reports about the stock. Desjardins lowered their target price on shares of SmartCentres Real Estate Investment Trust from C$33.50 to C$33.00 in a research note on Tuesday, May 17th. Canaccord Genuity Group downgraded shares of SmartCentres Real Estate Investment Trust from a "buy" rating to a "hold" rating in a research note on Wednesday, April 6th. Finally, Scotiabank decreased their price objective on shares of SmartCentres Real Estate Investment Trust from C$33.00 to C$32.50 in a research note on Monday, May 16th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, SmartCentres Real Estate Investment Trust has a consensus rating of "Hold" and a consensus price target of $32.79.

SmartCentres Real Estate Investment Trust Stock Performance

Shares of CWYUF stock opened at $21.75 on Wednesday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.78. The firm has a fifty day moving average price of $21.94 and a 200 day moving average price of $23.96. The company has a market cap of $3.87 billion, a P/E ratio of 3.90 and a beta of 1.09. SmartCentres Real Estate Investment Trust has a 12 month low of $19.95 and a 12 month high of $27.86.

About SmartCentres Real Estate Investment Trust

SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. SmartCentres has approximately $10.4 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with 97.4% occupancy, on 3,500 acres of owned land across Canada.

Read More

• Get a free copy of the StockNews.com research report on SmartCentres Real Estate Investment Trust (CWYUF)
• Salesforce Stock is a Resilient Best-of Breed CRM Play
• How the NYSE and NASDAQ are Different, Why That Matters to Investors
• Stock Market Holidays 2022-2025 – Here's When the NYSE and NASDAQ Will be Closed
• Use High Beta Stocks to Maximize Your Investing Profits
• Why Will Highly-Valued Tesla Move Higher? Results

Receive News & Ratings for SmartCentres Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SmartCentres Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.