SmartCentres Real Estate Investment Trst (OTCMKTS:CWYUF) Given Consensus Rating of “Hold” by Brokerages

Shares of SmartCentres Real Estate Investment Trst (OTCMKTS:CWYUF) have been assigned an average recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $25.67.

A number of research firms have recently issued reports on CWYUF. TD Securities downgraded shares of SmartCentres Real Estate Investment Trst from a “buy” rating to a “hold” rating in a research report on Monday, June 8th. BMO Capital Markets downgraded shares of SmartCentres Real Estate Investment Trst from an “outperform” rating to a “market perform” rating in a research report on Monday, May 4th. CIBC cut their price objective on shares of SmartCentres Real Estate Investment Trst from $30.50 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. ValuEngine upgraded shares of SmartCentres Real Estate Investment Trst from a “sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Canaccord Genuity cut their price objective on shares of SmartCentres Real Estate Investment Trst from $26.00 to $25.00 and set a “hold” rating on the stock in a research report on Friday, May 8th.

Shares of CWYUF stock opened at $15.13 on Tuesday. The firm has a fifty day moving average of $15.45 and a two-hundred day moving average of $17.51. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.00 and a quick ratio of 1.00. SmartCentres Real Estate Investment Trst has a 1-year low of $10.12 and a 1-year high of $24.85. The firm has a market cap of $2.59 billion, a P/E ratio of 8.87 and a beta of 1.16.

SmartCentres Real Estate Investment Trst (OTCMKTS:CWYUF) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share (EPS) for the quarter. SmartCentres Real Estate Investment Trst had a net margin of 44.40% and a return on equity of 6.73%. The company had revenue of $154.14 million for the quarter.

SmartCentres Real Estate Investment Trst Company Profile

SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.

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Analyst Recommendations for SmartCentres Real Estate Investment Trst (OTCMKTS:CWYUF)

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