BTB Real Estate Investment Trust’s (BTB.UN) “Sector Perform” Rating Reiterated at National Bank Financial

BTB Real Estate Investment Trust (TSE:BTB.UN)‘s stock had its “sector perform” rating reissued by equities research analysts at National Bank Financial in a research note issued on Monday, BayStreet.CA reports. They presently have a C$4.65 price target on the real estate investment trust’s stock. National Bank Financial’s price target points to a potential downside of 0.21% from the company’s current price.

Shares of TSE BTB.UN opened at C$4.66 on Monday. BTB Real Estate Investment Trust has a 1-year low of C$4.29 and a 1-year high of C$4.93. The firm’s 50-day moving average price is C$4.78.

About BTB Real Estate Investment Trust

BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB is an important owner of properties in eastern Canada. Today, BTB owns 65 retail, office and industrial properties for a total leasable area to date of 5.2 million square feet. The objectives of BTB are: (i) to grow its revenues from its assets to increase distributable income and therefore fund distributions; (ii) to maximize the value of its assets through dynamic management of its properties in order to sustain the long-term value of its units; and (iii) to generate cash distributions that are fiscally beneficial to unitholders.

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