National Bank Financial Increases Summit Industrial Income REIT (SMU.UN) Price Target to C$10.75

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Summit Industrial Income REIT (CVE:SMU.UN) had its price target boosted by stock analysts at National Bank Financial from C$10.00 to C$10.75 in a research report issued to clients and investors on Tuesday. The firm currently has a “sector perform” rating on the stock.

Other equities analysts have also issued research reports about the stock. CIBC lifted their price target on shares of Summit Industrial Income REIT from C$9.75 to C$10.00 in a research report on Wednesday, December 12th. Desjardins lifted their price target on shares of Summit Industrial Income REIT from C$9.00 to C$9.50 in a research report on Monday, November 12th. Finally, Royal Bank of Canada lifted their price target on shares of Summit Industrial Income REIT from C$9.00 to C$9.50 and gave the company a “sector perform” rating in a research report on Friday, November 9th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of C$9.89.

Summit Industrial Income REIT has a 52-week low of C$5.22 and a 52-week high of C$12.00.

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Analyst Recommendations for Summit Industrial Income REIT (CVE:SMU.UN)

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