Plaza Retail REIT (TSE:PLZ.UN)‘s stock had its “market perform” rating restated by research analysts at Raymond James in a research note issued to investors on Wednesday, BayStreet.CA reports.
A number of other equities research analysts have also issued reports on the company. Canaccord Genuity increased their price target on Plaza Retail REIT to C$4.50 and gave the company a “hold” rating in a research report on Thursday, February 28th. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$4.50 price target on shares of Plaza Retail REIT in a research report on Monday, February 11th.
PLZ.UN traded up C$0.04 during mid-day trading on Wednesday, hitting C$4.15. 58,588 shares of the stock were exchanged, compared to its average volume of 91,926. Plaza Retail REIT has a 1-year low of C$3.88 and a 1-year high of C$5.03.
Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at December 31, 2018 includes interests in 287 properties totaling approximately 8.2 million square feet across Canada and additional lands held for development.
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