Companies in the Financial sector have received a lot of coverage today as analysts weigh in on RioCan Real Estate Investment (RIOCF) and Summit Industrial Income REIT (SMMCF).
RioCan Real Estate Investment (RIOCF)
In a report released yesterday, Dean Wilkinson from CIBC maintained a Buy rating on RioCan Real Estate Investment, with a price target of C$30.00. The company’s shares closed last Monday at $20.81.
Wilkinson has an average return of 7.5% when recommending RioCan Real Estate Investment.
According to TipRanks.com, Wilkinson is ranked #301 out of 5994 analysts.
Currently, the analyst consensus on RioCan Real Estate Investment is a Strong Buy with an average price target of $22.44, which is a 7.8% upside from current levels. In a report released today, Canaccord Genuity also maintained a Buy rating on the stock with a C$31.25 price target.
See today’s analyst top recommended stocks >>
Summit Industrial Income REIT (SMMCF)
In a report released yesterday, Chris Couprie from CIBC maintained a Hold rating on Summit Industrial Income REIT, with a price target of C$14.50. The company’s shares closed last Monday at $9.87, close to its 52-week high of $10.00.
Couprie has an average return of 24.5% when recommending Summit Industrial Income REIT.
According to TipRanks.com, Couprie is ranked #1254 out of 5994 analysts.
Currently, the analyst consensus on Summit Industrial Income REIT is a Strong Buy with an average price target of $10.77.
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