Raymond James Keeps a Hold Rating on Smart REIT Trust VV (SRU.UN)
In a latest note to investors, a research analyst has provided a rating update for the Smart REIT Trust VV (SRU.UN). Raymond James’ analyst Ken Avalos reiterates their Hold rating on the shares today.
Avalos has an average return of 5.1% when recommending Smart REIT Trust VV.
According to TipRanks.com, Avalos is ranked #602 out of 5180 analysts.
Currently, the analyst consensus on Smart REIT Trust VV is a Moderate Buy with an average price target of C$34, representing a 0.6% upside. In a report issued on February 11, BMO Capital also reiterated a Hold rating on the stock with a C$33 price target.
The company has a one-year high of C$33.85 and a one-year low of C$28.14. Currently, Smart REIT Trust VV has an average volume of 388.4K.
SmartCentres Real Estate Investment Trust is an open-ended mutual fund trust. The company is focused on the development and ownership of high quality retail properties. It also pursues mixed-use development and intensification opportunities including residential, retirement homes, office and self-storage.
The company’s shares closed on Tuesday at C$33.81, close to its 52-week high of C$34.43.