Equities researchers at Royal Bank of Canada started coverage on shares of Slate Office REIT (OTCMKTS:SLTTF – Get 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
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.
- Get a free copy of the StockNews.com research report on Slate Office REIT (SLTTF)
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