Canaccord Genuity Reiterates Their Hold Rating on Plaza Retail REIT (PLZ.UN)


In a latest note to investors, a research analyst has provided a rating update for the Plaza Retail REIT (PLZ.UN). Analyst Brendon Abrams from Canaccord Genuity reiterated a Hold rating, with a C$4.50 price target yesterday.

According to TipRanks.com, Abrams is ranked #2358 out of 5220 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Plaza Retail REIT with a C$4.50 average price target, representing a 7.7% upside. In a report issued on February 12, BMO Capital also reiterated a Hold rating on the stock with a C$4.50 price target.

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The company has a one-year high of C$4.40 and a one-year low of C$3.68. Currently, Plaza Retail REIT has an average volume of 91.44K.

Plaza Retail REIT is an open-ended real estate investment trust, which acquires, develops and redevelops unenclosed and enclosed retail real estate in Atlantic Canada, Québec and Ontario. The company was founded in 1999 and is headquartered in Fredericton, Canada.

The company’s shares closed on Wednesday at C$4.18.

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