Primaris Real Estate Investment Trust (TSE:PMZ) Receives Consensus Rating of “Buy” from Brokerages

Shares of Primaris Real Estate Investment Trust (TSE:PMZ) have been given an average recommendation of “Buy” by the five brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and three have issued a strong buy rating on the company.

A number of brokerages have weighed in on PMZ. Royal Bank of Canada upgraded Primaris Real Estate Investment Trust to a “moderate buy” rating in a report on Monday, December 2nd. National Bank Financial upgraded shares of Primaris Real Estate Investment Trust to a “hold” rating in a research note on Wednesday, October 9th. TD Securities raised shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Thursday, September 5th. Finally, Canaccord Genuity Group upgraded shares of Primaris Real Estate Investment Trust to a “strong-buy” rating in a report on Friday, September 27th.

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.84 dividend on an annualized basis and a yield of ∞.