Granite Real Estate Investment Trust T.GRT.UN

National Bank

[retiredcf]

National Bank Financial analyst Matt Kornack made a series of target price changes to real estate investment trusts in his coverage universe on Wednesday.

His changes include:

• Allied Properties Real Estate Investment Trust (“outperform”) to $50 from $49.25. The average on the Street is $50.29.
• Boardwalk Real Estate Investment Trust (“outperform”) to $60 from $56. Average: $54.39.
• Canadian Apartment Properties Real Estate Investment Trust ( “outperform”) to $70.50 from $68.50. Average: $67.73.
• Dream Office Real Estate Investment Trust (D.UN-T, “outperform”) to $26 from $24. Average: $25.33.
• European Residential REIT ( “outperform”) to $5.40 from $5.50. Average: $5.28.
• Granite Real Estate Investment Trust ( “outperform”) to $110 from $105. Average: $98.20.
• InterRent Real Estate Investment Trust (IIP.UN-T, “outperform:) to $20.25 from $20. Average: $19.24.
• Killam Apartment Real Estate Investment Trust (KMP.UN-T, “outperform”) to $26 from $24. Average: $23.44.

[SusanBolland]