In a new note to investors today, an analyst has provided a rating update for the Financial sector company, CT Real Estate Investment (CRT.UN). Analyst Matt Kornack from National Bank rated CT Real Estate Investment (CRT.UN) a Buy, setting a C$14.50 price target.
According to TipRanks.com, Kornack is ranked #2857 out of 5149 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CT Real Estate Investment with a C$14.67 average price target.
CT Real Estate Investment’s market cap is currently C$1.12B and has a P/E ratio of 8.1. The company has a Price to Book ratio of 0.92.
CT Real Estate Investment Trust is an unincorporated, closed end real estate investment trust formed to own income producing commercial properties primarily located in Canada. Its portfolio is comprised of retail properties, distribution centers, and mixed-use commercial property and development properties acquired for future development.
The company’s shares closed on Wednesday at C$12.52.
