Analyst Price Target is $15.83
▲ +129.20% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for H&R Real Estate Investment Trust in the last 3 months. The average price target is $15.83, with a high forecast of $17.00 and a low forecast of $15.00. The average price target represents a 129.20% upside from the last price of $6.91.
Current Consensus is
The current consensus among 1 polled investment analysts is to hold stock in H&R Real Estate Investment Trust. This Hold consensus rating has held steady for over two years.
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $11.1 billion as at September 30, 2023. H&R REIT has ownership interests in a North American portfolio comprised of high-quality residential, industrial, office and retail properties comprising over 27.1 million square feet. H&R's strategy is to create a simplified, growth-oriented business focused on residential and industrial properties in order to create sustainable long term value for unitholders. H&R plans to sell its office and retail properties as market conditions permit. H&R's target is to be a leading owner, operator and developer of residential and industrial properties, creating value through redevelopment and greenfield development in prime locations within Toronto, Montreal, Vancouver, and high growth U.S. sunbelt and gateway cities.