PRO Real Estate Investment Gets a Buy Rating from Canaccord Genuity

By Carrie Williams

PRO Real Estate Investment (TSXV: PRV.UN), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Jenny Ma from Canaccord Genuity rated PRO Real Estate Investment (TSXV: PRV.UN) a Buy, setting a C$2.40 price target.

Ma has an average return of 10.8% when recommending PRO Real Estate Investment.

According to TipRanks.com, Ma is ranked #1571 out of 4572 analysts.

PRO Real Estate Investment has an analyst consensus of Moderate Buy, with a price target consensus of C$2.40.

PRO Real Estate Investment’s market cap is currently C$100.6M and has a P/E ratio of 15.1.

PRO Real Estate Investment Trust engages in the acquisition, ownership, and operation of diversified portfolio of commercial real estate properties. Its portfolio includes industrial, retail, commercial mixed use, and office properties. The company was founded on February 7, 2013 and is headquartered in Montréal, Canada.

The company’s shares closed last Monday at $2.29.