Scotiabank Sticks to Their Hold Rating for Brookfield Canada Office

By Carrie Williams

In a new note to investors yesterday, an analyst has provided a rating update for the Financial sector company, Brookfield Canada Office (TSX: BOX.UN). The company received a Hold rating from Scotiabank’s analyst Mario Saric, with a C$32.50 price target.

According to TipRanks.com, Saric is ranked #1072 out of 4572 analysts.

Brookfield Canada Office has an analyst consensus of Hold, with a price target consensus of C$32.50.

The company has a one year high of C$32.69 and a one year low of C$24.97. Currently, Brookfield Canada Office has an average volume of 71.21K.

Brookfield Canada Office Properties is a real estate investment trust. It invests, owns, develops,and operates a portfolio of commercial properties in Toronto, Calgary, and Vancouver. It focuses on realizing value from its properties through proactive leasing initiatives; prudent capital management; including the refinancing of mature properties and acquiring high-quality commercial properties into the primary markets for value when opportunities arise. The company was founded on March 19, 2010 and is headquartered in Toronto, Canada.

The company’s shares closed last Thursday at $32.44, close to its 52-week high of $32.69.