Shares of Artis Real Estate Investment Trust (TSE:AX.UN) have received an average recommendation of “Hold” from the ten analysts that are presently covering the firm. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$13.50.

A number of research analysts have commented on the stock. Scotiabank restated a “sector perform” rating and set a C$14.50 price target on shares of Artis Real Estate Investment Trust in a research note on Friday, August 5th. Canaccord Genuity cut their price target on shares of Artis Real Estate Investment Trust from C$15.00 to C$14.50 and set a “buy” rating for the company in a research note on Monday, August 8th. CIBC cut their price target on shares of Artis Real Estate Investment Trust from C$14.50 to C$14.00 and set a “sector perform” rating for the company in a research note on Monday, August 8th. TD Securities restated a “buy” rating and set a C$14.50 price target on shares of Artis Real Estate Investment Trust in a research note on Monday, August 8th. Finally, BMO Capital Markets cut their price target on shares of Artis Real Estate Investment Trust from C$14.00 to C$13.25 in a research note on Friday, August 12th.

ILLEGAL ACTIVITY NOTICE: This story was first published by Financial Market News and is the sole property of of Financial Market News. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States & international copyright & trademark law. The correct version of this story can be accessed at http://www.financial-market-news.com/artis-real-estate-investment-trust-ax-un-receives-average-rating-of-hold-from-analysts/1209746/.

Artis Real Estate Investment Trust Company Profile

Artis Real Estate Investment Trust (Artis) is an unincorporated closed-end real estate investment trust (REIT). The Company’s objective is to provide stable, reliable and tax efficient monthly cash distributions, as well as long-term appreciation in the value of Artis’ units. Its segments include Western Canada, which comprises British Columbia and Alberta; Central Canada, which comprises Saskatchewan and Manitoba, and Eastern Canada, which comprises Ontario.

Receive News & Ratings for Artis Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Artis Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.