Shares of True North Commercial REIT (TSE:TNT.UN – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$9.00 and traded as high as C$10.16. True North Commercial REIT shares last traded at C$10.12, with a volume of 16,659 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reduced their target price on shares of True North Commercial REIT from C$12.00 to C$11.00 and set a “hold” rating for the company in a report on Thursday, March 20th.
Read Our Latest Research Report on TNT.UN
True North Commercial REIT Stock Performance
True North Commercial REIT Company Profile
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires Canadian commercial real estate properties. Its objective is to maximize total returns to unitholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties.
Recommended Stories
- Five stocks we like better than True North Commercial REIT
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- Consumer Staples Stocks, Explained
- Top 3 Beverage Stocks Pouring Out Profits
- Airline Stocks – Top Airline Stocks to Buy Now
- CarMax and Carvana: Steering the Used Car Market
Receive News & Ratings for True North Commercial REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for True North Commercial REIT and related companies with MarketBeat.com's FREE daily email newsletter.
