True NthCommercial (TNT.UN) Receives a Hold from Canaccord Genuity


On January 4, an analyst has provided a rating update for True NthCommercial (TNT.UN). Canaccord Genuity’s analyst Mark Rothschild reiterates their Hold rating on the shares, with a C$5.85 price target.

According to TipRanks.com, Rothschild is ranked #718 out of 5116 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for True NthCommercial with a C$7 average price target.

True NthCommercial’s market cap is currently C$326.8M and has a P/E ratio of 9.9. The company has a Price to Book ratio of 0.93.

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 Friday at C$5.73.

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