Today, the Chief Executive Officer of RioCan Real Estate Investment (RIOCF), Edward Sonshine, bought shares of RIOCF for $443.5K.
Following this transaction Edward Sonshine’s holding in the company was increased by 5% to a total of $7.3 million.
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The company has a one-year high of $21.55 and a one-year low of $8.64. Currently, RioCan Real Estate Investment has an average volume of 47.01K. RIOCF’s market cap is $4.38 billion and the company has a P/E ratio of 165.10.
Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $16.39, reflecting a -15.2% downside.
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RioCan Real Estate Investment Trust engages in owning, development, management, and operation of shopping centers. Its property portfolio includes grocery anchored, new format retail, urban retail, mixed-use and non-grocery anchored centers. The company was founded by Edward Sonshine on July 10, 1981 and is headquartered in Toronto, Canada.
