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November 22, 2024
PI Global Investments
Real Estate

Bsr Real Estate Investment Trust (TSE:HOM.U) PT Raised to C$15.00



Bsr Real Estate Investment Trust (TSE:HOM.UGet Free Report) had its price target raised by TD Securities from C$14.00 to C$15.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price suggests a potential upside of 17.65% from the company’s current price.

Bsr Real Estate Investment Trust Trading Up 0.8 %

Shares of TSE:HOM.U traded up C$0.10 during mid-day trading on Thursday, hitting C$12.75. The company had a trading volume of 12,316 shares, compared to its average volume of 28,315. The company has a debt-to-equity ratio of 149.54, a current ratio of 0.12 and a quick ratio of 0.45. Bsr Real Estate Investment Trust has a one year low of C$9.99 and a one year high of C$13.04. The firm has a fifty day moving average price of C$11.85 and a 200 day moving average price of C$11.46. The company has a market capitalization of C$424.45 million, a PE ratio of -2.14 and a beta of 1.09.

Insider Buying and Selling

In related news, Director Graham David Senst bought 2,000 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were bought at an average price of C$15.62 per share, for a total transaction of C$31,240.00. 13.69% of the stock is currently owned by company insiders.

About Bsr Real Estate Investment Trust

(Get Free Report)

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.

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