PRO Real Estate Investment Trust (CVE:PRV.UN) Trading 0.4% Higher

Shares of PRO Real Estate Investment Trust (CVE:PRV.UNGet Free Report) traded up 0.4% during mid-day trading on Wednesday . The company traded as high as C$2.30 and last traded at C$2.30. 80,531 shares changed hands during trading, a decline of 22% from the average session volume of 103,855 shares. The stock had previously closed at C$2.29.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. National Bankshares reduced their price target on PRO Real Estate Investment Trust from C$6.00 to C$5.50 and set a “sector perform” rating on the stock in a report on Wednesday, April 24th. Raymond James increased their target price on PRO Real Estate Investment Trust from C$6.00 to C$6.25 and gave the company an “outperform” rating in a research report on Tuesday, January 30th. Finally, TD Securities increased their target price on PRO Real Estate Investment Trust from C$4.75 to C$5.50 and gave the company a “hold” rating in a research report on Friday, March 22nd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$6.05.

Check Out Our Latest Report on PRV.UN

PRO Real Estate Investment Trust Stock Up 0.4 %

The company has a 50 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

(Get Free Report)

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.

Further Reading

Receive News & Ratings for PRO Real Estate Investment Trust Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for PRO Real Estate Investment Trust and related companies with MarketBeat.com’s FREE daily email newsletter.