Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Price Target Raised to C$20.50

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) had its target price increased by Desjardins from C$19.50 to C$20.50 in a research report sent to investors on Friday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Flagship Communities Real Estate Investment Trust Price Performance

The company has a market cap of C$335.68 million, a price-to-earnings ratio of 5.04 and a beta of 0.28. The stock has a 50-day moving average price of C$21.15 and a 200 day moving average price of C$20.79. Flagship Communities Real Estate Investment Trust has a 52-week low of C$18.00 and a 52-week high of C$24.70.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.