Royal Bank of Canada Reaffirms “Sector Perform” Rating for Pure Multi-Family REIT (OTCMKTS:PMULF)

Royal Bank of Canada restated their sector perform rating on shares of Pure Multi-Family REIT (OTCMKTS:PMULF) in a research report released on Tuesday morning, BenzingaRatingsTable reports.

PMULF has been the topic of a number of other research reports. BMO Capital Markets cut Pure Multi-Family REIT from an outperform rating to a market perform rating in a research note on Thursday, August 8th. CIBC reiterated a hold rating on shares of Pure Multi-Family REIT in a research note on Friday, August 9th.

Shares of Pure Multi-Family REIT stock opened at $7.46 on Tuesday. Pure Multi-Family REIT has a 12-month low of $4.62 and a 12-month high of $8.80. The business’s 50 day moving average is $7.48 and its 200-day moving average is $6.87.

Pure Multi-Family REIT Company Profile

Pure Multi-Family is a Canadian based, publicly traded vehicle which offers investors exclusive exposure to attractive, institutional quality U.S. multi-family real estate assets.

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