Raymond James Maintains a Buy Rating on True NthCommercial (TNT.UN)


A Wall Street analyst has provided a review for the Financial company today, but retained the same rating on the stock. Analyst Johann Rodrigues from Raymond James rated True NthCommercial (TNT.UN) a Buy, setting a C$7 price target.

Rodrigues has an average return of 6.9% when recommending True NthCommercial.

According to TipRanks.com, Rodrigues is ranked #1993 out of 5256 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for True NthCommercial with a C$6.75 average price target.

True NthCommercial’s market cap is currently C$366.7M and has a P/E ratio of 6.9. The company has a Price to Book ratio of 1.05.

True North Commercial REIT is an open-ended real estate investment trust. The company objective is to reward its unit holders by generating sustainable cash distributions on a tax-efficient basis. It is also an owner and acquirer of Canadian commercial real estate properties.

The company’s shares closed on Monday at C$6.47.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts