Laurentian Lowers Partners Real Estate Investment Trust Price Target to C$4.75 (PAR.UN)

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Stock analysts at Laurentian reduced their target price on shares of Partners Real Estate Investment Trust (CVE:PAR.UN) from C$5.90 to C$4.75 in a report issued on Tuesday. The firm currently has a “hold” rating on the stock.

A number of other firms have also recently commented on PAR.UN. Analysts at CIBC cut their price target on shares of Partners Real Estate Investment Trust from C$5.25 to C$5.00 in a research note on Thursday, April 3rd. Analysts at RBC Capital downgraded shares of Partners Real Estate Investment Trust to an “underperform” rating in a research note on Wednesday, April 2nd. They now have a C$5.50 price target on the stock, down previously from C$6.50. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of C$5.89.

Partners Real Estate Investment Trust (CVE:PAR), formerly Charter Real Estate Investment Trust, is an open-end real estate investment trust.

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