Brokerages Set Interrent Real Estate Investment Trust (IIP.UN) Price Target at $9.28

Interrent Real Estate Investment Trust (TSE:IIP.UN) has been given a consensus rating of “Buy” by the eleven ratings firms that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$9.37.

Several equities research analysts have issued reports on IIP.UN shares. CIBC increased their target price on Interrent Real Estate Investment Trust from C$8.50 to C$9.00 in a research report on Wednesday, November 15th. Raymond James Financial increased their target price on Interrent Real Estate Investment Trust from C$8.50 to C$9.50 and gave the stock an “outperform” rating in a research report on Wednesday, November 15th. BMO Capital Markets restated an “outperform” rating and set a C$10.00 target price on shares of Interrent Real Estate Investment Trust in a research report on Wednesday, November 15th. TD Securities increased their target price on Interrent Real Estate Investment Trust from C$9.00 to C$10.00 and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, Desjardins dropped their target price on Interrent Real Estate Investment Trust from C$10.00 to C$9.00 in a research report on Wednesday, November 15th.

Interrent Real Estate Investment Trust (TSE IIP.UN) opened at C$8.87 on Thursday. Interrent Real Estate Investment Trust has a twelve month low of C$6.98 and a twelve month high of C$8.98.

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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).

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

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