Crombie Real Estate Investment Trust (OTCMKTS:CROMF) Receives Average Rating of “Moderate Buy” from Analysts

Crombie Actual Estate Expense Belief (OTCMKTS:CROMF – Get Rating) has obtained an normal advice of “Moderate Buy” from the 10 study companies that are currently masking the stock, Marketbeat.com experiences. 3 equities investigation analysts have rated the inventory with a maintain suggestion and four have provided a obtain suggestion to the enterprise. The typical twelve-month rate target among brokers that have issued a report on the inventory in the very last calendar year is $19.44.

CROMF has been the subject of various the latest investigate experiences. TD Securities slash their price goal on Crombie True Estate Expense Rely on from C$20.00 to C$19.50 in a report on Friday, Might 13th. Desjardins slice their rate goal on Crombie Real Estate Expenditure Have faith in from C$20.00 to C$19.50 in a report on Tuesday, Might 17th. Scotiabank lower their cost focus on on Crombie Real Estate Expense Have confidence in from C$20.25 to C$19.75 in a report on Friday, Could 13th. Ultimately, Canaccord Genuity Team slash their selling price target on Crombie True Estate Expenditure Trust from C$19.25 to C$18.50 and set a “hold” rating for the corporation in a report on Monday, May perhaps 16th.

OTCMKTS:CROMF opened at $11.90 on Friday. Crombie Authentic Estate Investment Have confidence in has a a single 12 months very low of $11.80 and a one yr significant of $15.05. The inventory has a 50 day moving normal price of $12.83 and a 200 working day going normal cost of $13.65.

About Crombie Authentic Estate Financial investment Trust (Get Ranking)

Crombie Real Estate Expenditure Rely on (“Crombie”) is an unincorporated, open-ended serious estate expenditure rely on founded under, and ruled by, the regulations of the Province of Ontario. Crombie is one particular of the country’s primary nationwide retail home landlords with a tactic to own, operate and build a portfolio of high-high quality grocery- and pharmacy-anchored browsing centres, freestanding stores and blended-use developments generally in Canada’s top rated city and suburban markets.

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