Interrent Real Estate Investment Trust (TSE:IIP.UN) Given “Outperform” Rating at BMO Capital Markets

Interrent Real Estate Investment Trust (TSE:IIP.UN)‘s stock had its “outperform” rating restated by stock analysts at BMO Capital Markets in a research report issued on Tuesday, August 1st. They presently have a C$9.00 price target on the real estate investment trust’s stock.

Other research analysts have also recently issued reports about the stock. Interrent Reit Tr.Uts boosted their price target on shares of Interrent Real Estate Investment Trust from C$8.50 to C$8.75 and gave the stock a “sector perform” rating in a report on Monday, July 31st. Royal Bank Of Canada lifted their price objective on shares of Interrent Real Estate Investment Trust from C$8.50 to C$8.75 and gave the stock a “sector perform” rating in a research report on Friday, July 28th. Scotiabank lifted their price objective on shares of Interrent Real Estate Investment Trust from C$8.00 to C$8.25 and gave the stock a “sector perform” rating in a research report on Tuesday, May 9th. Finally, Raymond James Financial, Inc. lifted their price objective on shares of Interrent Real Estate Investment Trust from C$8.25 to C$8.50 and gave the stock an “outperform” rating in a research report on Tuesday, May 9th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of C$8.50.

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About Interrent Real Estate Investment Trust

InterRent Real Estate Investment Trust is a real estate investment trust focused on acquisition, holding, leasing or managing of multi-unit residential properties and real estate ventures. Its portfolio consists of approximately 70 Properties containing over 8,050 suites. Approximately 2,980 suites are located in mid-sized population markets, with the remaining 5,075 suites located in the Greater Toronto Area (GTA), Montreal and the National Capital Region (NCR).

Analyst Recommendations for Interrent Real Estate Investment Trust (TSE:IIP.UN)

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