Summit Industrial Income REIT (TSE:SMU) Rating Reiterated by National Bank Financial

Summit Industrial Income REIT (TSE:SMU)‘s stock had its “sector perform under weight” rating reiterated by equities researchers at National Bank Financial in a note issued to investors on Sunday.

Other equities research analysts have also recently issued research reports about the stock. Echelon Wealth Partners cut shares of Summit Industrial Income REIT from a “buy” rating to a “hold” rating in a research note on Thursday, August 8th. Desjardins raised shares of Summit Industrial Income REIT from a “hold” rating to a “buy” rating in a research note on Sunday, August 11th.

Summit Industrial Income REIT (TSE:SMU) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C($0.36) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.16 by C($0.52). The company had revenue of C$34.08 million for the quarter.

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