Howlynn

Main Menu

  • US Property
  • Commercial Real Estate
  • Shopping Malls
  • REITS
  • Bankroll

Howlynn

Header Banner

Howlynn

  • US Property
  • Commercial Real Estate
  • Shopping Malls
  • REITS
  • Bankroll
REITS
Home›REITS›RioCan Real Estate Investment Trust (TSE:REI.UN) manager sells C$124,178.00 worth of shares

RioCan Real Estate Investment Trust (TSE:REI.UN) manager sells C$124,178.00 worth of shares

By Cheryl A. Kitts
June 12, 2022
0
0

RioCan Real Estate Investment Trust (TSE:REI.UN – Get a rating) Director S. Jane Marshall sold 5,800 shares of the company in a trade on Friday, June 10. The stock was sold at an average price of CA$21.41, for a total value of CA$124,178.00. Following the completion of the sale, the director now directly owns 15,180 shares of the company, valued at CA$325,003.80.

RioCan Real Estate Investment Trust stock traded at C$0.39 midday Friday, hitting C$21.41. 651,255 shares of the company were traded, against an average volume of 1,032,548. RioCan Real Estate Investment Trust has a 52-week low of C$20.65 and a 52-week high of C$26.11. The stock has a 50-day moving average price of C$23.24 and a 200-day moving average price of C$23.40. The company has a debt ratio of 83.89, a quick ratio of 0.16 and a current ratio of 0.53. The company has a market capitalization of C$6.80 billion and a P/E ratio of 10.36.

Several stock analysts have weighed in on the company recently. BMO Capital Markets raised its price target on RioCan Real Estate Investment Trust from C$25.75 to C$26.50 in a Friday, February 25 research report. National Bankshares cut its price target on RioCan Real Estate Investment Trust from C$27.50 to C$27.00 and set an “outperform” rating for the company in a Thursday, May 12 research report. Canaccord Genuity Group has downgraded RioCan Real Estate Investment Trust to a “hold” rating and has set a price target of C$26.50 for the company. in a Wednesday, April 6 research report. Royal Bank of Canada cut its price target on RioCan Real Estate Investment Trust from C$27.00 to C$26.00 and set an ‘outperform’ rating for the company in a Thursday, May 12 research report . Finally, TD Securities raised its price target on RioCan Real Estate Investment Trust from C$27.00 to C$28.00 and gave the company a “buy” rating in a Thursday 24 research report. february. Two investment analysts gave the stock a hold rating and four gave the company a buy rating. According to MarketBeat, RioCan Real Estate Investment Trust currently has a consensus rating of “Buy” and an average target price of C$26.06.

(A d)

If you’re new to trading, you’ve probably heard the wrong word about options, that they’re risky, unpredictable, or difficult.

And it couldn’t be more wrong! With the Hughes Optioneering strategy, you will soon learn that the safest option for new accounts is the options themselves!

About RioCan Real Estate Investment Trust (Get a rating)

RioCan is one of Canada’s largest real estate investment trusts, with a total enterprise value of approximately $13.2 billion as of December 31, 2018. RioCan owns, manages and develops retail-focused properties and increasingly mixed-use properties located in prime, high-density transit neighborhoods. oriented sectors where Canadians want to shop, live and work.

See also

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in RioCan Real Estate Investment Trust right now?

Before you consider RioCan Real Estate Investment Trust, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes over…and RioCan Real Estate Investment Trust didn’t make the list.

Although RioCan Real Estate Investment Trust currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Related posts:

  1. Riocan Real Estate Investment Trust shares give all indications of fair value
  2. Dream Office REIT Reports Q1 2021 Results
  3. Sam Zell buys Industrial REIT Monmouth Real Estate for $ 3.4 billion – Commercial Observer
  4. Is Mid-America Apartment Communities a Millionaire-Maker REIT?

Recent Posts

  • Commercial real estate brokerage and management market expected to grow at a healthy pace 2022-2030 – San Juan Independent
  • How idle oil wells leaked explosive levels of methane in Bakersfield
  • Is Ellington Residential Mortgage REIT (EARN) a loser in the real estate industry?
  • Transcript: Mayor Eric Adams appears live on 1010 WINS
  • A real estate legend

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021

Categories

  • Bankroll
  • Commercial Real Estate
  • REITS
  • Shopping Malls
  • US Property
  • Terms and Conditions
  • Privacy Policy