TSX:REI.UN - Post Discussion
Post by
materialsgirl on Oct 19, 2021 1:20pm
I think that we will do better
Scotiabank has reinstated coverage of the retail REIT sector and has chosen two favourites,
“We are reinitiating coverage of RioCan REIT … with a Sector Outperform rating. Our $25.00 target price is based on 16.25 times 2023 estimated recurring AFFOPU [adjusted funds from operations per unit] and implies a 17% NTM [ next 12 months] total return based on our October 8 pricing date (16% as of today) versus 13% for the universe average (11% as of today)
Be the first to comment on this post