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OTCMKTS:SMMCF - Summit Industrial Income REIT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $24.19
  • Forecasted Upside: 61.36 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$14.99 As of 05/20/2022 01:00 AM ET
+0.30 (1.20%)

This chart shows the closing price for SMMCF by one month, three months, or twelve months.

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Analyst Price Target for SMMCF

Analyst Price Target is $24.19
▲ +61.36% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Summit Industrial Income REIT in the last 3 months. The average price target is $24.19, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 61.36% upside from the last price of $14.99.

This chart shows the closing price for SMMCF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 8 investment analysts is to buy stock in Summit Industrial Income REIT. This rating has held steady since February 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
2/26/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/27/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
8/25/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/23/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/21/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/22/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/22/2022

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/16/2022Raymond JamesLower Price TargetC$25.00 ➝ C$23.00
5/16/2022Royal Bank of CanadaLower Price TargetC$25.00 ➝ C$24.00
5/13/2022DesjardinsLower Price TargetC$25.00 ➝ C$24.00
5/12/2022TD SecuritiesLower Price TargetC$25.00 ➝ C$24.00
5/12/2022Canaccord Genuity GroupUpgradeHold ➝ Buy
2/23/2022Royal Bank of CanadaLower Price TargetC$25.50 ➝ C$25.00
11/11/2021ScotiabankBoost Price TargetOutperformC$24.00 ➝ C$25.00
11/10/2021BMO Capital MarketsBoost Price TargetOutperformC$23.00 ➝ C$25.00
11/10/2021CIBCBoost Price TargetNeutralC$22.50 ➝ C$24.50
11/10/2021Royal Bank of CanadaBoost Price TargetSector PerformC$23.00 ➝ C$25.50
11/10/2021Raymond JamesBoost Price TargetOutperformC$23.75 ➝ C$25.00
11/10/2021TD SecuritiesBoost Price TargetBuyC$25.00 ➝ C$26.00
11/2/2021ScotiabankBoost Price TargetOutperformC$22.50 ➝ C$24.00
9/24/2021National Bank FinancialBoost Price TargetOutperform ➝ OutperformC$22.50 ➝ C$24.00
9/23/2021CIBCBoost Price TargetNeutralC$21.50 ➝ C$22.50
9/23/2021Raymond JamesBoost Price TargetOutperformC$23.00 ➝ C$23.75
9/23/2021BMO Capital MarketsBoost Price TargetOutperformC$22.00 ➝ C$23.00
8/18/2021Royal Bank of CanadaBoost Price TargetSector PerformC$17.50 ➝ C$23.00
8/16/2021ScotiabankBoost Price TargetOutperformC$18.50 ➝ C$22.50
8/12/2021National Bank FinancialBoost Price TargetOutperform ➝ OutperformC$21.00 ➝ C$22.50
8/12/2021BMO Capital MarketsBoost Price TargetOutperformC$18.50 ➝ C$22.00
8/12/2021CIBCBoost Price TargetNeutralC$18.00 ➝ C$21.50
8/12/2021Raymond JamesBoost Price TargetOutperformC$20.00 ➝ C$23.00
8/12/2021TD SecuritiesBoost Price TargetBuyC$21.00 ➝ C$24.00
7/16/2021TD SecuritiesInitiated CoverageBuy$14.66
6/23/2021ScotiabankBoost Price TargetC$16.50 ➝ C$18.50
6/23/2021CIBCBoost Price TargetC$16.50 ➝ C$18.00
6/22/2021BMO Capital MarketsBoost Price TargetOutperformC$16.75 ➝ C$18.50
5/18/2021Royal Bank of CanadaBoost Price TargetSector PerformC$15.50 ➝ C$17.50
5/14/2021BMO Capital MarketsBoost Price TargetOutperformC$15.00 ➝ C$16.75
5/14/2021DesjardinsBoost Price TargetBuyC$15.50 ➝ C$17.00
5/13/2021National Bank FinancialBoost Price TargetOutperform ➝ OutperformC$17.00 ➝ C$18.00
5/13/2021CIBCBoost Price TargetNeutral$15.00 ➝ $16.50
5/13/2021Raymond JamesBoost Price TargetOutperform$17.00 ➝ $17.50
5/13/2021ScotiabankBoost Price TargetOutperform$15.50 ➝ $16.50
4/23/2021National Bank FinancialReiterated RatingOutperform
4/22/2021Raymond JamesBoost Price TargetOutperform$15.75 ➝ $17.00
3/24/2021Raymond JamesInitiated CoverageOutperform
2/23/2021ScotiabankBoost Price TargetOutperform$14.25 ➝ $15.50
2/19/2021Royal Bank of CanadaBoost Price TargetSector Perform$14.50 ➝ $15.50
2/19/2021CIBCBoost Price TargetNeutral$14.25 ➝ $15.00
11/24/2020ScotiabankBoost Price TargetSector Perform$13.00 ➝ $14.25
11/18/2020BMO Capital MarketsBoost Price TargetOutperform$13.75 ➝ $14.25
11/18/2020CIBCBoost Price TargetNeutral$14.00 ➝ $14.25
10/18/2020Echelon Wealth PartnersReiterated RatingHold$13.00
10/5/2020Royal Bank of CanadaBoost Price TargetSector Perform$13.00 ➝ $13.50
8/17/2020Royal Bank of CanadaBoost Price TargetSector Perform$12.00 ➝ $13.00
8/17/2020BMO Capital MarketsBoost Price TargetOutperform$11.75 ➝ $13.75
8/14/2020ScotiabankBoost Price TargetOutperform$12.00 ➝ $13.00
8/13/2020CIBCBoost Price TargetNeutral$11.25 ➝ $12.75
5/14/2020ScotiabankLower Price TargetOutperform$14.75 ➝ $12.00
5/14/2020CIBCLower Price TargetNeutral$11.50 ➝ $11.25
4/14/2020Royal Bank of CanadaLower Price TargetSector Perform$14.50 ➝ $12.00
1/27/2020National Bank FinancialUpgradeBuy
11/17/2019Echelon Wealth PartnersReiterated RatingHold$13.00
10/18/2019DesjardinsInitiated CoverageBuy$14.00
(Data available from 5/22/2017 forward)

News Sentiment Rating

0.05 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/24/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/23/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/23/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/22/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/21/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/23/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/22/2022
  • 0 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/22/2022

Current Sentiment

  • 0 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
Summit Industrial Income REIT logo
Summit Industrial Income REIT is an unincorporated open-end REIT focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.
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Today's Range

Now: $14.99
Low: $14.99
High: $14.99

50 Day Range

MA: $16.59
Low: $14.24
High: $18.17

52 Week Range

Now: $14.99
Low: $13.19
High: $19.38

Volume

3 shs

Average Volume

1,127 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Summit Industrial Income REIT?

The following Wall Street analysts have issued reports on Summit Industrial Income REIT in the last year: BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Desjardins, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for SMMCF.

What is the current price target for Summit Industrial Income REIT?

0 Wall Street analysts have set twelve-month price targets for Summit Industrial Income REIT in the last year. Their average twelve-month price target is $24.19, suggesting a possible upside of 61.4%.
View the latest price targets for SMMCF.

What is the current consensus analyst rating for Summit Industrial Income REIT?

Summit Industrial Income REIT currently has 2 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SMMCF will outperform the market and that investors should add to their positions of Summit Industrial Income REIT.
View the latest ratings for SMMCF.

How do I contact Summit Industrial Income REIT's investor relations team?

Summit Industrial Income REIT's physical mailing address is 75 Summerlea Road, Brampton, ON L6T. The company's listed phone number is (905) 791-1181. The official website for Summit Industrial Income REIT is www.summitIIreit.com. Learn More about contacing Summit Industrial Income REIT investor relations.