Summit Industrial Income REIT (CVE:SMU.UN) PT Set at C$12.50 by National Bank Financial

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Summit Industrial Income REIT (CVE:SMU.UN) has been assigned a C$12.50 price target by research analysts at National Bank Financial in a research note issued on Wednesday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock.

SMU.UN has been the topic of a number of other research reports. Royal Bank of Canada increased their price target on Summit Industrial Income REIT from C$11.50 to C$12.50 and gave the stock a “sector perform” rating in a research report on Thursday, May 9th. CIBC increased their price target on Summit Industrial Income REIT from C$10.00 to C$11.00 and gave the stock a “neutral” rating in a research report on Friday, February 22nd. Desjardins increased their price target on Summit Industrial Income REIT from C$11.50 to C$12.00 in a research report on Tuesday, March 26th. BMO Capital Markets increased their price target on Summit Industrial Income REIT from C$10.00 to C$11.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 26th. Finally, Canaccord Genuity downgraded Summit Industrial Income REIT from a “buy” rating to a “hold” rating in a report on Tuesday, April 2nd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of C$11.82.

Summit Industrial Income REIT has a 12-month low of C$5.22 and a 12-month high of C$12.00.

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

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