TD Securities restated their hold rating on shares of Interrent Real Estate Investment Trust (TSE:IIP.UN) in a research note issued to investors on Thursday morning. The brokerage currently has a C$8.50 target price on the real estate investment trust’s stock.

Several other analysts also recently issued reports on the company. Canaccord Genuity reduced their price objective on Interrent Real Estate Investment Trust from C$8.50 to C$8.25 in a research report on Thursday, January 5th. Raymond James Financial, Inc. upped their price objective on Interrent Real Estate Investment Trust from C$8.00 to C$8.50 and gave the company a hold rating in a research report on Thursday, February 23rd. Royal Bank of Canada set a C$8.00 price objective on Interrent Real Estate Investment Trust and gave the company a sector perform rating in a research report on Friday, November 18th. Desjardins upgraded Interrent Real Estate Investment Trust from a hold rating to a buy rating and reduced their price objective for the company from C$8.50 to C$8.00 in a research report on Tuesday, December 6th. Finally, Scotiabank upped their price objective on Interrent Real Estate Investment Trust from C$8.00 to C$8.25 and gave the company a sector perform rating in a research report on Thursday, February 23rd. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of C$8.25.

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

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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).

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