TSXV:SSS.P - Post by User
Post by
germtech1on Oct 03, 2018 5:35pm
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Post# 28740864
Buy Rating
Buy RatingCanaccord Genuity upgraded shares of
Summit Industrial Income REIT (CVE:SMU.UN) from a hold rating to a buy rating in a research note issued to investors on Friday. The brokerage currently has C$10.00 price target on the stock, up from their previous price target of C$9.00.
SMU.UN has been the topic of several other research reports. Industrial Alliance Securities raised their price objective on Summit Industrial Income REIT from C$9.25 to C$9.50 in a research note on Monday, August 13th. CIBC lifted their target price on Summit Industrial Income REIT from C$9.00 to C$9.25 in a research note on Tuesday, June 19th. National Bank Financial downgraded Summit Industrial Income REIT from an outperform rating to a sector perform rating and set a C$9.00 target price on the stock. in a research note on Thursday, August 9th. Royal Bank of Canada set a C$9.00 target price on Summit Industrial Income REIT and gave the company a sector perform rating in a research note on Tuesday, July 3rd. Finally, BMO Capital Markets lifted their target price on Summit Industrial Income REIT from C$9.25 to C$9.50 and gave the company an outperform rating in a research note on Monday, August 13th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Summit Industrial Income REIT has a consensus rating of Buy and a consensus target price of C$9.32.