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RBC Capital Keeps Their Hold Rating on Plaza Retail REIT (PLZ.UN)

RBC Capital Keeps Their Hold Rating on Plaza Retail REIT (PLZ.UN)

RBC Capital analyst Pammi Bir maintained a Hold rating on Plaza Retail REIT (PLZ.UN – Research Report) yesterday and set a price target of C$4.00. The company's shares closed yesterday at C$3.78.
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According to TipRanks, Bir is a 4-star analyst with an average return of 7.9% and a 55.28% success rate. Bir covers the Real Estate sector, focusing on stocks such as RioCan Real Estate Investment, NorthWest Healthcare Properties REIT, and Choice Properties Real Estate Investment.
In addition to RBC Capital, Plaza Retail REIT also received a Hold from CIBC's Sumayya Hussain in a report issued on May 9. However, on May 8, Canaccord Genuity maintained a Buy rating on Plaza Retail REIT (TSX: PLZ.UN).
The company has a one-year high of C$3.96 and a one-year low of C$3.40. Currently, Plaza Retail REIT has an average volume of 60.14K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PLZ.UN in relation to earlier this year.

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