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Raymond James downgrades InterRent REIT Un (IIP.UN) to a Hold
Raymond James downgrades InterRent REIT Un (IIP.UN) to a Hold

Business Insider

time28-05-2025

  • Business
  • Business Insider

Raymond James downgrades InterRent REIT Un (IIP.UN) to a Hold

Raymond James analyst Brad Sturges downgraded InterRent REIT Un ( – Research Report) to a Hold today and set a price target of C$14.00. The company's shares closed today at C$13.59. Confident Investing Starts Here: According to TipRanks, Sturges is an analyst with an average return of -2.3% and a 43.84% success rate. Sturges covers the Real Estate sector, focusing on stocks such as Nexus Real Estate Investment, Flagship Communities REIT Investment Trust, and Parkit Enterprise. In addition to Raymond James, InterRent REIT Un also received a Hold from Canaccord Genuity's Mark Rothschild in a report issued today. However, on May 20, CIBC maintained a Buy rating on InterRent REIT Un (TSX: The company has a one-year high of C$13.20 and a one-year low of C$9.40. Currently, InterRent REIT Un has an average volume of 500.7K.

RBC Capital Sticks to Their Buy Rating for InterRent REIT Un (IIP.UN)
RBC Capital Sticks to Their Buy Rating for InterRent REIT Un (IIP.UN)

Business Insider

time20-05-2025

  • Business
  • Business Insider

RBC Capital Sticks to Their Buy Rating for InterRent REIT Un (IIP.UN)

RBC Capital analyst Jimmy Shan maintained a Buy rating on InterRent REIT Un ( – Research Report) on May 16 and set a price target of C$14.50. The company's shares closed last Friday at C$11.64. Confident Investing Starts Here: Shan covers the Real Estate sector, focusing on stocks such as Morguard (OTC), Boardwalk REIT, and Nexus Real Estate Investment. According to TipRanks, Shan has an average return of 7.1% and a 64.94% success rate on recommended stocks. InterRent REIT Un has an analyst consensus of Strong Buy, with a price target consensus of C$12.93, representing an 11.08% upside. In a report released on May 16, Canaccord Genuity also maintained a Buy rating on the stock with a C$13.00 price target.

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