InterRent REIT Un (IIP.UN) has received a rating update from a Wall Street analyst today. Analyst Mario Saric from Scotiabank rated InterRent REIT Un (IIP.UN) a Buy, setting a C$15 price target.
Saric has an average return of 27.5% when recommending InterRent REIT Un.
According to TipRanks.com, Saric is ranked #928 out of 5215 analysts.
Currently, the analyst consensus on InterRent REIT Un is a Moderate Buy with an average price target of C$13.90.
The company has a one-year high of C$14.26 and a one-year low of C$9.36. Currently, InterRent REIT Un has an average volume of 316K.
InterRent Real Estate Investment Trust engages in the acquisition and ownership of properties. It focuses on investment in residential multi-family producing properties and possession 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 Wednesday at C$13.90, close to its 52-week high of C$14.26.
