PRO Real Estate Investment Trust (CVE:PRV.UN – Get Free Report)’s stock price rose 0.4% during trading on Friday . The stock traded as high as C$2.30 and last traded at C$2.30. Approximately 80,531 shares were traded during trading, a decline of 22% from the average daily volume of 103,855 shares. The stock had previously closed at C$2.29.
Wall Street Analyst Weigh In
Separately, National Bankshares reduced their price objective on shares of PRO Real Estate Investment Trust from C$6.00 to C$5.50 and set a “sector perform” rating on the stock in a research note on Wednesday, April 24th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, PRO Real Estate Investment Trust presently has an average rating of “Hold” and an average price target of C$6.05.
View Our Latest Research Report on PRO Real Estate Investment Trust
PRO Real Estate Investment Trust Trading Up 0.4 %
The stock has a fifty day moving average of C$2.30 and a two-hundred day moving average of C$2.30.
PRO Real Estate Investment Trust Company Profile
PROREIT is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area. Established in 2013, PROREIT is mainly focused on strong secondary markets in Quebec, Atlantic Canada and Ontario, with selective exposure in Western Canada.
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