Boardwalk Real Estate Investment Trust (TSE:BEI) Downgraded by National Bank Financial to Hold

National Bank Financial lowered shares of Boardwalk Real Estate Investment Trust (TSE:BEIFree Report) from a strong-buy rating to a hold rating in a research note issued to investors on Sunday morning,Zacks.com reports. National Bank Financial also issued estimates for Boardwalk Real Estate Investment Trust’s Q1 2025 earnings at $1.01 EPS, FY2025 earnings at $4.45 EPS and FY2026 earnings at $4.79 EPS.

Separately, BMO Capital Markets downgraded Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th.

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Boardwalk Real Estate Investment Trust Price Performance

Boardwalk Real Estate Investment Trust has a 1 year low of C$37.96 and a 1 year high of C$49.75.

Boardwalk Real Estate Investment Trust Company Profile

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Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.

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