Desjardins Keeps a Hold Rating on Granite Real Estate (GRT.UN)


Shares of Granite Real Estate (GRT.UN) were revisited by a Wall Street analyst on February 19. On February 19, analyst Michael Markidis gave a Hold rating to GRT.UN and set a C$64 price target.

According to TipRanks.com, Markidis is ranked #371 out of 5188 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Granite Real Estate with a C$63 average price target.

The company has a one-year high of C$61.02 and a one-year low of C$47.93. Currently, Granite Real Estate has an average volume of 166.8K.

Granite Real Estate Investment Trust engages in the acquisition, development, construction, leasing, management and ownership of an industrial global rental portfolio of properties in North America and Europe. The company is headquartered in Toronto, Canada.

The company’s shares closed on Wednesday at C$61.70.

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