Shares of BTB Real Estate Investment Trust (TSE:BTB.UN – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$3.19 and traded as high as C$3.27. BTB Real Estate Investment Trust shares last traded at C$3.26, with a volume of 32,508 shares traded.
Analysts Set New Price Targets
Separately, National Bankshares decreased their target price on BTB Real Estate Investment Trust from C$3.15 to C$3.05 and set a “sector perform” rating on the stock in a research report on Wednesday, April 24th.
Check Out Our Latest Research Report on BTB.UN
BTB Real Estate Investment Trust Stock Performance
BTB Real Estate Investment Trust Company Profile
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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