The Financial sector company, Smart REIT Trust VV (SRU.UN), has received a rating update from a Wall Street analyst yesterday. Desjardins’ analyst Michael Markidis reiterates their Buy rating on the shares, with a C$34 price target.
Markidis has an average return of 4.5% when recommending Smart REIT Trust VV.
According to TipRanks.com, Markidis is ranked #406 out of 5107 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Smart REIT Trust VV.
Smart REIT Trust VV’s market cap is currently C$5.04B and has a P/E ratio of 15.3. The company has a Price to Book ratio of 1.23.
SmartCentres Real Estate Investment Trust is an open-ended mutual fund trust. It owns and manages approximately 26 million square feet in 118 value oriented retail centers having the national and regional retailers, as well as neighbourhood merchants. The company was founded on December 4, 2001 and is headquartered in Vaughan, Canada.
The company’s shares closed on Tuesday at C$31.65.
