Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) At Average Analyst Recommendation of ‘Moderate Buy’

Shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF – Get Rating ) have received a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $58.00.

A number of research firms have issued reports on BOWFF. Desjardins cut their target price on Boardwalk Real Estate Investment Trust from C$61.00 to C$58.00 in a research note on Friday, May 13th. Royal Bank of Canada decreased their price objective on Boardwalk Real Estate Investment Trust from C$69.00 to C$68.00 in a research report on Wednesday, May 11th. Scotiabank decreased their price objective on Boardwalk Real Estate Investment Trust from C$61.00 to C$59.00 in a report on Wednesday, May 11th. Canaccord Genuity Group boosted their target price on Boardwalk Real Estate Investment Trust from C$51.00 to C$54.00 and gave the stock a “buy” rating in a report on Friday. Finally, National Bank Financial decreased their price objective on Boardwalk Real Estate Investment Trust from C$68.50 to C$52.00 in a research note on Wednesday, July 20th.

Boardwalk Real Estate Investment Trust Price Performance

Shares of OTCMKTS:BOWFF opened at $39.83 on Friday. Boardwalk Real Estate Investment Trust has a 1-year low of $31.78 and a 1-year high of $48.50. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.06, and a quick ratio of 0.06. The business has a fifty day moving average price of $35.13 and a 200 day moving average price of $40.55. The company has a market cap of $1.84 billion, a PE ratio of 4.59 and a beta of 1.47.

Boardwalk Real Estate Investment Trust Company Profile

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Boardwalk REIT strives to be Canada’s friendliest community and currently owns and manages more than 200 communities with over 33,000 residential units totaling over 28 million net rentable square feet. Boardwalk’s primary objectives are to provide its residents with the best quality communities and superior customer service while providing unitholders with sustainable monthly cash distributions and to increase the value of its unit trusts through selective acquisitions, dispositions, developments and efficient management of their residential multi-family communities.

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Analyst Recommendations for Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF)

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