Scotiabank Increases Granite Real Estate Investment Trust (GRT.UN) Price Target to C$52.00

Granite Real Estate Investment Trust (TSE:GRT.UN) (NASDAQ:GRP.U) had its price objective raised by stock analysts at Scotiabank from C$51.00 to C$52.00 in a research report issued to clients and investors on Monday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price target would suggest a potential upside of 5.39% from the stock’s previous close.

A number of other research firms also recently weighed in on GRT.UN. Royal Bank Of Canada increased their price target on Granite Real Estate Investment Trust from C$51.00 to C$52.00 and gave the company a “sector perform” rating in a research note on Thursday, November 9th. TD Securities increased their price target on Granite Real Estate Investment Trust from C$48.00 to C$49.00 and gave the company a “hold” rating in a research note on Thursday, November 9th. BMO Capital Markets reissued a “market perform” rating and issued a C$52.00 price target on shares of Granite Real Estate Investment Trust in a research note on Tuesday, August 15th. Finally, Desjardins increased their price target on Granite Real Estate Investment Trust from C$51.00 to C$51.50 and gave the company a “hold” rating in a research note on Monday, September 18th. Five investment analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus target price of C$51.30.

Granite Real Estate Investment Trust (GRT.UN) opened at C$49.34 on Monday. Granite Real Estate Investment Trust has a 12-month low of C$41.49 and a 12-month high of C$52.69.

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Analyst Recommendations for Granite Real Estate Investment Trust (TSE:GRT.UN)

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