Yesterday, an analyst has provided a rating update for Boardwalk REIT (BEI.UN). TD Securities’ analyst Jonathan Kelcher reiterates their Buy rating on the shares, with a C$52 price target.
According to TipRanks.com, Kelcher is ranked #754 out of 5120 analysts.
Currently, the analyst consensus on Boardwalk REIT is a Hold with an average price target of C$47.07.
Boardwalk REIT’s market cap is currently C$1.92B and has a P/E ratio of 19.2. The company has a Price to Book ratio of 0.62.
Boardwalk Real Estate Investment Trust is an open-ended real estate investment trust. The company engages in real estate rental market business. It has several residential multi-family apartments on Alberta, Ontario, Quebec and Saskatchewan. The company was founded by Sam Kolias and Van Kolias in 1984 and is headquartered in Calgary, Canada.
The company’s shares closed on Monday at C$37.84, close to its 52-week low of C$36.47.
