H&R Real Estate Investment Trust (TSE:HR.UN) has been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$24.61.
A number of equities research analysts have issued reports on HR.UN shares. Raymond James reiterated a “market perform” rating on shares of H&R Real Estate Investment Trust in a report on Wednesday, February 20th. BMO Capital Markets reiterated an “outperform” rating and set a C$24.50 target price on shares of H&R Real Estate Investment Trust in a report on Monday, February 11th. National Bank Financial increased their target price on shares of H&R Real Estate Investment Trust from C$25.00 to C$26.50 in a report on Wednesday, November 28th. Desjardins increased their target price on shares of H&R Real Estate Investment Trust from C$24.00 to C$24.50 in a report on Tuesday, February 19th. Finally, CIBC increased their target price on shares of H&R Real Estate Investment Trust from C$24.50 to C$25.00 in a report on Friday, February 15th.
Shares of HR.UN stock traded up C$0.39 during trading hours on Friday, hitting C$22.80. The company had a trading volume of 1,633,099 shares, compared to its average volume of 576,487. The company has a debt-to-equity ratio of 92.77, a quick ratio of 0.17 and a current ratio of 0.56. H&R Real Estate Investment Trust has a fifty-two week low of C$19.74 and a fifty-two week high of C$23.53. The firm has a market cap of $6.51 billion and a P/E ratio of 10.92.
H&R Real Estate Investment Trust Company Profile
H&R REIT is one of Canada's largest fully internalized real estate investment trusts with total assets of approximately $14.2 billion at September 30, 2018. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 41 million square feet.
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