Can analysts adopt a bullish outlook for Crombie Real Estate Investment Trust (TSE:CRR.UN)?

February 15, 2018 - By Louis Casey

 Can analysts adopt a bullish outlook for Crombie Real Estate Investment Trust (TSE:CRR.UN)?

Crombie Real Estate Investment Trust (TSE:CRR.UN) Ratings Coverage

Among 3 analysts covering Crombie Real Estate Investment Trust (TSE:CRR.UN), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Crombie Real Estate Investment Trust had 11 analyst reports since August 7, 2015 according to SRatingsIntel. Scotia Capital maintained Crombie Real Estate Investment Trust (TSE:CRR.UN) on Wednesday, November 9 with “Sector Perform” rating. As per Friday, September 16, the company rating was maintained by Scotia Capital. The stock has “Hold” rating by TD Securities on Friday, October 2. Below is a list of Crombie Real Estate Investment Trust (TSE:CRR.UN) latest ratings and price target changes.

17/08/2017 Broker: Scotia Capital Rating: Sector Perform Old Target: $15.00 New Target: $14.75 Target Down

The stock increased 1.72% or $0.22 during the last trading session, reaching $13.01. About 142,688 shares traded or 22.11% up from the average. Crombie Real Estate Investment Trust (TSE:CRR.UN) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Crombie Real Estate Investment Trust operates as an open-ended real estate investment trust. The company has market cap of $1.96 billion. It owns and manages commercial real estate properties in Atlantic Canada. It has a 11.52 P/E ratio. The firm invests in retail, office, and mixed-use properties.

More recent Crombie Real Estate Investment Trust (TSE:CRR.UN) news were published by: Marketwired.com which released: “Crombie REIT Announces $418 Million Portfolio Transaction and Public Offering …” on May 12, 2016. Also Gurufocus.com published the news titled: “Crombie Real Estate Investment Trust” on September 26, 2016. Businesswire.com‘s news article titled: “AG Mortgage Investment Trust, Inc. Appoints Debra Hess to Board of Directors” with publication date: February 08, 2018 was also an interesting one.

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