On May 24, an analyst has provided a rating update for the Financial sector company, Pure Industrial (TSX: AAR.UN). The company received a Hold on May 24 from Canaccord Genuity’s analyst Mark Rothschild.
Rothschild has an average return of 32.5% when recommending Pure Industrial.
According to TipRanks.com, Rothschild is ranked #335 out of 4810 analysts.
Pure Industrial has an analyst consensus of Hold, with a price target consensus of C$8.10.
Pure Industrial’s market cap is currently C$2.47B and has a P/E ratio of 7.2. The company has a Price to Book ratio of 1.30.
Pure Industrial Real Estate Trust operates as an open-ended real estate investment trust, which engages in property acquisition, financing, and management of industrial properties. Its portfolio include commercial and industrial buildings.
The company’s shares closed on Thursday at C$8.09, close to its 52-week high of C$8.13.
