BMO Capital Maintains Their Buy Rating on Inovalis REIT (INO.UN)
Today, an analyst has provided a rating update for the Financial sector company, Inovalis REIT (INO.UN). Analyst Troy MacLean from BMO Capital rated Inovalis REIT (INO.UN) a Buy, setting a C$11 price target.
According to TipRanks.com, MacLean is ranked #1330 out of 5132 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Inovalis REIT with a C$10.75 average price target.
Inovalis REIT’s market cap is currently C$230.7M and has a P/E ratio of 11.8. The company has a Price to Book ratio of 0.87.
Inovalis Real Estate Investment Trust engages in the acquisition and owning office properties. Its properties include Dubonnet, Jeuneurs, Vanves, Sabliere, Baldi, Arcueil, Metropolitan, Delizy, Hanover, Duisburg, Cologne, Bad Homburg, and Stuttgart. The company was founded by Stephane Amine on February 8, 2013 and is headquartered in Toronto, Canada.
The company’s shares closed on Tuesday at C$10.02.