CT Real Estate Investment Trust (OTCMKTS:CTRRF) Receives Average Recommendation of “Buy” from Analysts

CT Real Estate Investment Trust (OTCMKTS:CTRRF) has received a consensus recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $16.58.

Separately, Desjardins boosted their target price on CT Real Estate Investment Trust from C$15.50 to C$16.50 and gave the stock a “hold” rating in a report on Wednesday, May 26th.

CT Real Estate Investment Trust stock remained flat at $$13.15 during mid-day trading on Thursday. The business’s fifty day simple moving average is $13.58. CT Real Estate Investment Trust has a 1-year low of $10.50 and a 1-year high of $13.93.

About CT Real Estate Investment Trust

CT Real Estate Investment Trust (TSX:CRT.UN) is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties primarily located in Canada. Its portfolio is comprised of over 350 properties totaling approximately 29 million square feet of GLA, consisting primarily of net leased single-tenant retail properties located across Canada.

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Analyst Recommendations for CT Real Estate Investment Trust (OTCMKTS:CTRRF)

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