The Boardwalk REIT (BEI.UN) Given New C$48.00 Price Target at Scotiabank

The Boardwalk REIT (BEI.UN) Given New C$48.00 Price Target at Scotiabank

BEI.UN has been the topic of a number of other reports. CIBC upped their target price on Boardwalk REIT from C$42.00 to C$46.00 in a research note on Monday, May 15th. Royal Bank of Canada upped their target price on Boardwalk REIT from C$46.00 to C$49.00 and gave the stock a sector perform rating in a research note on Monday, May 15th. National Bank Financial lowered Boardwalk REIT from a sector perform rating to an underperform rating in a research note on Thursday, February 23rd. Raymond James Financial, Inc. decreased their target price on Boardwalk REIT from C$52.50 to C$48.50 and set an outperform rating on the stock in a research note on Wednesday, February 22nd. Finally, Eight Capital decreased their target price on Boardwalk REIT from C$45.00 to C$42.50 in a research note on Tuesday, February 21st. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of C$46.95.

Boardwalk REIT (TSE:BEI.UN) had its target price upped by Scotiabank from C$45.00 to C$48.00 in a report issued on Monday, May 15th. They currently have a sector perform rating on the real estate investment trust’s stock.

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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