TSX:SOT.DB - Post Discussion
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MARKOPOLIS on Jan 06, 2024 4:29pm
SOT analysts looking good looks like a takeout target
Slate Office REIT (TSE:SOT.UN – Get Free Report) has earned a consensus recommendation of “Reduce” from the six analysts that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$1.26.
SOT.UN has been the topic of several recent analyst reports. Cormark cut their target price on shares of Slate Office REIT from C$1.20 to C$0.80 and set a “reduce” rating on the stock in a research note on Monday, November 20th. Royal Bank of Canada reduced their price objective on Slate Office REIT from C$1.75 to C$1.00 and set a “sector perform” rating for the company in a research note on Monday, November 20th. CIBC lowered their target price on Slate Office REIT from C$1.50 to C$1.00 and set a “neutral” rating on the stock in a research note on Thursday, November 16th. TD Securities reduced their price target on shares of Slate Office REIT from C$1.40 to C$1.00 and set a “hold” rating for the company in a research report on Thursday, November 16th. Finally, Raymond James lowered their price objective on shares of Slate Office REIT from C$1.10 to C$1.00 and set a “market perform” rating on the stock in a research report on Monday, November 20th.
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