Today, an analyst has provided a rating update for the Financial sector company, BSR Real Estate Investment Trust (HOM.UN). Analyst Frederic Blondeau from Echelon Wealth Partners remains bullish on the stock and has a $12.00 price target.
According to TipRanks.com, Blondeau is a 3-star analyst with an average return of 3.8% and a 62.5% success rate. Blondeau covers the Financial sector, focusing on stocks such as Allied Properties Real Estate Investment Trust, Dream Global Real Estate Investment, and Cominar Real Estate Investment.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for BSR Real Estate Investment Trust with a $10.08 average price target.
BSR Real Estate Investment Trust’s market cap is currently $255.7M and has a P/E ratio of 1.64. The company has a Price to Book ratio of 0.73.
BSR Real Estate Investment Trust engages in the acquisition and owning of multifamily properties. Its objective is to provide unit holders an opportunity to invest in multifamily real estate properties; provide cash distributions; maximize long-term unit value; and expand the asset base of the REIT. The company was founded on January 9, 2018 and is headquartered in Toronto, Canada.
The company’s shares closed last Tuesday at $15.45.
