Canaccord Genuity Maintains Their Hold Rating on Canadian Real Estate ate

By Austin Angelo

Canadian Real Estate ate (TSX: REF.UN), the Financial sector company, has received a rating update from a Wall Street analyst today. Analyst Mark Rothschild from Canaccord Genuity remains neutral on the stock and has a C$52 price target.

Rothschild has an average return of 7.3% when recommending Canadian Real Estate ate.

According to TipRanks.com, Rothschild is ranked #394 out of 4766 analysts.

Canadian Real Estate ate has an analyst consensus of Hold, with a price target consensus of C$53.68.

The company has a one-year high of C$52.35 and a one-year low of C$42.67. Currently, Canadian Real Estate ate has an average volume of 214.6K.

Canadian Real Estate Investment Trust is a real estate investment trust, which engages in owning and managing a diversified real estate portfolio consisting of retail, industrial, office and residential properties. Its property portfolio includes retail, industrial, and office. The company was founded on April 1, 1984 and is headquartered in Toronto, Canada.

The company’s shares closed on Wednesday at C$50.65.