Flagship Communities Real Estate Investment Trust (TSE:MHC.UN – Get Free Report) had its price target raised by research analysts at National Bankshares from C$20.00 to C$21.00 in a report released on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential downside of 10.75% from the stock’s current price.
MHC.UN has been the subject of several other reports. Raymond James upped their target price on shares of Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company a “strong-buy” rating in a research note on Friday. Desjardins raised their target price on shares of Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the company a “buy” rating in a research note on Friday. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$20.10.
Check Out Our Latest Research Report on Flagship Communities Real Estate Investment Trust
Flagship Communities Real Estate Investment Trust Price Performance
About Flagship Communities Real Estate Investment Trust
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.
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