Summit Industrial Income REIT (CVE:SMU.UN) had its price target upped by Royal Bank of Canada from C$13.00 to C$13.50 in a research note released on Monday, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock.
A number of other equities research analysts have also recently commented on SMU.UN. CIBC increased their price target on Summit Industrial Income REIT from C$13.00 to C$13.25 in a research note on Friday, August 9th. National Bank Financial set a C$13.00 price objective on Summit Industrial Income REIT and gave the stock a sector perform rating in a research note on Friday, August 9th. BMO Capital Markets raised their price objective on Summit Industrial Income REIT from C$11.50 to C$13.00 in a research note on Tuesday, May 14th. Finally, Desjardins set a C$12.50 price objective on Summit Industrial Income REIT in a research note on Thursday, May 9th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of C$12.18.
Summit Industrial Income REIT has a 12 month low of C$5.22 and a 12 month high of C$12.00.
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