BMO Capital Keeps a Hold Rating on Cominar Real Estate

By Carrie Williams

Cominar Real Estate (TSX: CUF.UN), the Financial sector company, was revisited by a Wall Street analyst yesterday. BMO Capital’s analyst Heather Kirk reiterates their Hold rating on the shares, with a C$14.75 price target.

According to TipRanks.com, Kirk is ranked #502 out of 4567 analysts.

Cominar Real Estate has an analyst consensus of Hold, with a price target consensus of C$14.57.

Cominar Real Estate’s market cap is currently C$2.41B and has a P/E ratio of 9.8.

Cominar Real Estate Investment Trust is a closed-end investment trust, which owns and manage commercial properties. Its objectives are to provide unit holders with stable and growing monthly cash distributions which are tax deferred, from investments in a diversified portfolio of properties. It operates through Office, Retail, and Industrial and Mixed-Use segments. The company was founded by Jules Dallaire in 1998 and is headquartered in Quebec City, Canada.

The company’s shares closed last Tuesday at $13.13, close to its 52-week low of $12.77.