Cominar Real Estate Investment Trust (OTCMKTS:HRUFF) Trading 2% Higher

Cominar Real Estate Investment Trust (OTCMKTS:HRUFF)’s stock price traded up 2% during mid-day trading on Monday . The company traded as high as $7.85 and last traded at $7.85. 5,302 shares changed hands during trading, a decline of 43% from the average session volume of 9,314 shares. The stock had previously closed at $7.70.

A number of research analysts recently issued reports on the company. Royal Bank of Canada dropped their price target on Cominar Real Estate Investment Trust from $24.00 to $15.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 19th. Scotiabank lowered their target price on Cominar Real Estate Investment Trust from $14.00 to $13.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 18th. Finally, CIBC lowered their target price on Cominar Real Estate Investment Trust from $22.00 to $16.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 19th.

The firm’s 50 day moving average is $7.77.

About Cominar Real Estate Investment Trust (OTCMKTS:HRUFF)

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at December 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 41 million square feet.

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