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Boardwalk Real Estate Investment Trust T.BEI.UN

Alternate Symbol(s):  BOWFF

Boardwalk Real Estate Investment Trust (Trust) is a Canada-based open-ended real estate investment trust, which owns/operates multi-family rental communities. It provides homes in more than 200 communities, with over 33,000 residential suites totaling over 29 million net rentable square feet. Its brands include Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle. Its three-tiered brands, namely Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, caters to a diverse demographic. Its objectives are to provide Resident Members with superior quality rental communities and the best tenant/customer service, provide its holders of Trust Units with stable monthly cash distributions, and to increase the value of the Trust Units through the effective management of its residential multi-family revenue producing properties, renovations and upgrades to its current portfolio, and the acquisition and/or development of additional, accretive properties or interests therein.


TSX:BEI.UN - Post by User

Comment by malx1on Nov 11, 2023 12:13am
15 Views
Post# 35729881

RE:TD

RE:TD
retiredcf wrote: More positive than CIBC. GLTA

TD Securities' Jonathan Kelcher raised his target for Boardwalk REIT to $82 from $80 with a Buy rating. The average is $75.45.

decrease

“Looking ahead, we anticipate consistently strong fundamentals over our forecast period. Despite having the best AFFO CAGR among its Canada-focused apartment peers, Boardwalk is only trading roughly in line with its peers on an AFFO-multiple basis. In prior periods where Boardwalk had above-average growth, it has traded at premiums,” said Mr. Kelcher.



Somebody call Autofocus321, make sure he's still breathing.  This $82 price target might have been too much for the poor guy.   He was complaining the shares would never reach $59.
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