Raymond James Lowers True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF) Price Target to C$4.00

True North Commercial Real Estate Investment Trust (OTCMKTS:TUERF – Get Rating) had its price target lowered by investment analysts at Raymond James from C$5.50 to C$4.00 in a note issued to investors on Thursday, The Fly reports.

True North Commercial Real Estate Investment Trust Trading Down 3.2 %

Shares of OTCMKTS:TUERF opened at $2.48 on Thursday. True North Commercial Real Estate Investment Trust has a fifty-two week low of $2.48 and a fifty-two week high of $5.94. The company’s 50-day moving average price is $4.40 and its 200 day moving average price is $4.42.

True North Commercial Real Estate Investment Trust Company Profile

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True North Commercial REIT is an open-ended real estate investment trust, which engages in the acquisition of commercial office properties. It seeks to identify potential acquisitions using investment criteria that focuses on the security of cash flow, capital appreciation, value enhancement. The company was founded by Daniel Drimmer and is headquartered in Toronto, Canada.