Slate Office REIT (OTCMKTS:SLTTF) Now Covered by Royal Bank of Canada

Equities researchers at Royal Bank of Canada started coverage on shares of Slate Office REIT (OTCMKTS:SLTTFGet Rating) in a research note issued to investors on Wednesday, The Fly reports. The brokerage set a “sector perform” rating on the stock.

A number of other research analysts have also recently issued reports on SLTTF. National Bank Financial reduced their price objective on Slate Office REIT from C$4.40 to C$4.25 in a research note on Thursday, November 3rd. Raymond James reduced their price objective on Slate Office REIT from C$5.00 to C$4.50 in a research note on Thursday, November 3rd. BMO Capital Markets reduced their price objective on Slate Office REIT from C$4.50 to C$4.25 in a research note on Thursday, November 10th. Finally, Canaccord Genuity Group reduced their price objective on Slate Office REIT from C$5.25 to C$4.75 and set a “hold” rating on the stock in a research note on Wednesday, July 27th.

Slate Office REIT Price Performance

Shares of OTCMKTS:SLTTF opened at $3.41 on Wednesday. The stock’s 50-day moving average price is $3.32 and its 200-day moving average price is $3.52. Slate Office REIT has a 12-month low of $3.15 and a 12-month high of $4.18.

About Slate Office REIT

(Get Rating)

Slate Office REIT is an owner and operator of North American office real estate. The REIT owns interests in and operates a portfolio of 35 strategic and well-located real estate assets across Canada's major population centres and includes two assets in downtown Chicago, Illinois. 60% of the REIT's portfolio is comprised of government or credit rated tenants.

Featured Articles

The Fly logo

Receive News & Ratings for Slate Office REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slate Office REIT and related companies with MarketBeat.com's FREE daily email newsletter.