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). The company recieved Hold from Raymond James’ analyst Ken Avalos.
According to TipRanks.com, Avalos is ranked #598 out of 5163 analysts.
Currently, the analyst consensus on CT Real Estate Investment is a Strong Buy with an average price target of C$15.67.
CT Real Estate Investment’s market cap is currently C$1.21B and has a P/E ratio of 9.6. The company has a Price to Book ratio of 1.00.
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 centres, and mixed-use commercial property and development properties acquired for future development.
The company’s shares closed on Thursday at C$13.38, close to its 52-week high of C$13.74.
