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

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

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

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a $0.07 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞.