InterRent REIT Un (IIP.UN), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Michael Markidis from Desjardins rated InterRent REIT Un (IIP.UN) a Buy, setting a C$14.50 price target.
Markidis has an average return of 24.3% when recommending InterRent REIT Un.
According to TipRanks.com, Markidis is ranked #406 out of 5107 analysts.
Currently, the analyst consensus on InterRent REIT Un is a Strong Buy with an average price target of C$13.50.
The company has a one-year high of C$13.54 and a one-year low of C$8.77. Currently, InterRent REIT Un has an average volume of 447.5K.
InterRent Real Estate Investment Trust is an open-ended real estate investment trust which engages in the acquisition and ownership of properties. It focuses on investment in residential multi-family producing properties and acquisition of additional and accretive properties. The company was founded on October 10, 2006 and is headquartered in Ottawa, Canada.
The company’s shares closed on Tuesday at C$13.30, close to its 52-week high of C$13.54.
