Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.


TSX:AX.PR.E - Post by User

Post by Incomeon Oct 23, 2023 9:18am
148 Views
Post# 35695953

RBC Q3 Preview this AM 43% upside

RBC Q3 Preview this AM 43% upsideUnderstanding many here discount the information the banks provide. Hwoever it is relevant to how the market thinks about relative performance against these (and other) expectations.
They rate Artis as SP with $8.00 target. 43% upside.
Have the REIT trading at a 10% cap rate veresus and RBC cacluted 7.7% cap.
Looking ahead to 2024. FFO is essentially flat at $1.12 per unit.and AFFO growing from .69 to .73.
FWIW.
<< Previous
Bullboard Posts
Next >>