The Boardwalk REIT (BEI.UN) Given New C$46.00 Price Target at CIBC

The Boardwalk REIT (BEI.UN) Given New C$46.00 Price Target at CIBC

Several other research analysts have also recently weighed in on the company. Royal Bank of Canada boosted their price objective on Boardwalk REIT from C$46.00 to C$49.00 and gave the stock a “sector perform” rating in a research report on Monday, May 15th. Scotiabank cut Boardwalk REIT from a “sector perform” rating to an “underperform” rating in a research report on Thursday, February 23rd. National Bank Financial cut Boardwalk REIT from a “sector perform” rating to an “underperform” rating in a research report on Thursday, February 23rd. Raymond James Financial, Inc. cut their price objective on Boardwalk REIT from C$52.50 to C$48.50 and set an “outperform” rating on the stock in a research report on Wednesday, February 22nd. Finally, TD Securities cut their price objective on Boardwalk REIT from C$50.00 to C$47.00 and set a “hold” rating on the stock in a research report on Tuesday, February 21st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of C$46.95.

Boardwalk REIT (TSE:BEI.UN) had its price objective upped by equities researchers at CIBC from C$42.00 to C$46.00 in a report issued on Monday, May 15th.

Boardwalk REIT Company Profile Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:BEI.UN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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