2 weeks Ago By ABMN Staff
Shares of Slate Office REIT ( TSE:SOT.UN – Get Free Report ) have received a consensus recommendation of “Strong Sell” from the six brokerages that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell rating and two have issued a hold rating on the company.
The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$0.54. SOT.
UN has been the subject of several recent research reports. Royal Bank of Canada lowered shares of Slate Office REIT from a “sector perform” rating to an “underperform” rating and reduced their price target for the company from C$0.70 to C$0.
30 in a report on Wednesday, June 26th. BMO Capital Markets downgraded shares of Slate Office REIT from a “sector perform” rating to an “underperform” rating and reduced their target price for the stock from C$0.70 to C$0.
30 in a report on Wednesday, June 26th. TD Securities downgraded shares of Slate Office REIT from a “hold” rating to a “sell” rating and lowered their target price for the company from C$0.75 to C$0.
25 in a research note on Wednesday, June 26th. Cormark decreased their price objective on Slate Office REIT from C$0.80 to C$0.
65 in a report on Tuesday, May 7th. Finally, CIBC cut Slate Office REIT from a “neutral” rating to an “underperform” rating in a research report on Wednesday, June 26th. Check Out Our Latest Stock Analysis on Slate Office REIT Slate Office REIT Stock Performance Slate Office REIT Company Profile ( Get Free Report Slate Office REIT is an open-ended real estate investment trust.
The REIT's portfolio currently comprises 43 strategic and well-located real estate assets located primarily across Canada's major population centres including one downtown asset in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions. See Also Receive News & Ratings for Slate Office REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Slate Office REIT and related companies with MarketBeat.
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