Summit Industrial Income REIT (SMU.UN) Given New C$13.00 Price Target at BMO Capital Markets

Summit Industrial Income REIT (CVE:SMU.UN) had its price target increased by BMO Capital Markets from C$11.50 to C$13.00 in a report published on Tuesday morning, BayStreet.CA reports.

SMU.UN has been the topic of a number of other research reports. Canaccord Genuity lowered Summit Industrial Income REIT from a buy rating to a hold rating in a research note on Tuesday, April 2nd. Desjardins set a C$12.50 price target on Summit Industrial Income REIT in a research note on Thursday, May 9th. National Bank Financial increased their price target on Summit Industrial Income REIT from C$10.75 to C$11.00 and gave the stock a sector perform rating in a research note on Friday, February 22nd. CIBC increased their price target on Summit Industrial Income REIT from C$11.00 to C$12.25 in a research note on Tuesday, March 26th. Finally, Royal Bank of Canada upped their price objective on Summit Industrial Income REIT from C$11.50 to C$12.50 and gave the stock a sector perform rating in a report on Thursday, May 9th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of C$11.75.

Summit Industrial Income REIT has a 52 week low of C$5.22 and a 52 week high of C$12.00.

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Analyst Recommendations for Summit Industrial Income REIT (CVE:SMU.UN)

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