True North Commercial REIT (TSE:TNT.UN) Given New C$10.50 Price Target at Raymond James

True North Commercial REIT (TSE:TNT.UN) had its price objective hoisted by Raymond James from C$10.00 to C$10.50 in a report issued on Wednesday morning, BayStreet.CA reports. They currently have a market perform rating on the stock.

TNT.UN has been the subject of several other reports. CIBC lifted their price objective on shares of True North Commercial REIT from C$8.05 to C$9.00 and gave the stock a neutral rating in a research report on Thursday, March 21st. National Bankshares dropped their price target on shares of True North Commercial REIT from C$8.75 to C$8.50 and set a sector perform rating on the stock in a research note on Wednesday.

True North Commercial REIT Trading Up 0.2 %

TNT.UN opened at C$9.52 on Wednesday. True North Commercial REIT has a 52 week low of C$6.33 and a 52 week high of C$19.32. The business has a fifty day simple moving average of C$8.95 and a 200-day simple moving average of C$7.31. The firm has a market cap of C$142.70 million, a P/E ratio of -3.68 and a beta of 1.53. The company has a quick ratio of 0.06, a current ratio of 0.41 and a debt-to-equity ratio of 182.25.

True North Commercial REIT Company Profile

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 46 commercial properties consisting of approximately 3.7 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit-rated tenants.