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

  • Consensus Rating: Buy
  • Consensus Price Target: $16.31
  • Forecasted Upside: 24.09 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$13.14
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for SMMCF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$16.31
▲ +24.09% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Summit Industrial Income REIT in the last 3 months. The average price target is $16.31, with a high forecast of $18.00 and a low forecast of $13.00. The average price target represents a 24.09% upside from the last price of $13.14.

Buy

The current consensus among 9 contributing investment analysts is to buy stock in Summit Industrial Income REIT. This rating has held steady since March 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/23/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/21/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/21/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/19/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/17/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/15/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/16/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/16/2021

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/14/2021BMO Capital MarketsBoost Price TargetOutperformC$15.00 ➝ C$16.75
i
5/14/2021DesjardinsBoost Price TargetBuyC$15.50 ➝ C$17.00
i
5/13/2021National Bank FinancialBoost Price TargetOutperform ➝ OutperformC$17.00 ➝ C$18.00
i
Rating by Matt Kornack at National Bank Financial
5/13/2021Canaccord GenuityBoost Price TargetHold$14.00 ➝ $16.00
i
5/13/2021CIBCBoost Price TargetNeutral$15.00 ➝ $16.50
i
5/13/2021Raymond JamesBoost Price TargetOutperform$17.00 ➝ $17.50
i
5/13/2021ScotiabankBoost Price TargetOutperform$15.50 ➝ $16.50
i
4/23/2021National Bank FinancialReiterated RatingOutperform
i
4/22/2021Raymond JamesBoost Price TargetOutperform$15.75 ➝ $17.00
i
3/24/2021Raymond JamesInitiated CoverageOutperform
i
2/23/2021ScotiabankBoost Price TargetOutperform$14.25 ➝ $15.50
i
2/19/2021Royal Bank of CanadaBoost Price TargetSector Perform$14.50 ➝ $15.50
i
2/19/2021CIBCBoost Price TargetNeutral$14.25 ➝ $15.00
i
11/24/2020ScotiabankBoost Price TargetSector Perform$13.00 ➝ $14.25
i
11/18/2020BMO Capital MarketsBoost Price TargetOutperform$13.75 ➝ $14.25
i
11/18/2020CIBCBoost Price TargetNeutral$14.00 ➝ $14.25
i
10/18/2020Echelon Wealth PartnersReiterated RatingHold$13.00
i
10/5/2020Royal Bank of CanadaBoost Price TargetSector Perform$13.00 ➝ $13.50
i
8/17/2020Royal Bank of CanadaBoost Price TargetSector Perform$12.00 ➝ $13.00
i
8/17/2020BMO Capital MarketsBoost Price TargetOutperform$11.75 ➝ $13.75
i
8/14/2020ScotiabankBoost Price TargetOutperform$12.00 ➝ $13.00
i
8/13/2020CIBCBoost Price TargetNeutral$11.25 ➝ $12.75
i
5/14/2020ScotiabankLower Price TargetOutperform$14.75 ➝ $12.00
i
5/14/2020CIBCLower Price TargetNeutral$11.50 ➝ $11.25
i
4/14/2020Royal Bank of CanadaLower Price TargetSector Perform$14.50 ➝ $12.00
i
4/13/2020Canaccord GenuityDowngradeBuy ➝ Hold
i
2/21/2020Canaccord GenuityReiterated RatingBuy$14.75
i
1/27/2020National Bank FinancialUpgradeBuy
i
Rating by Matt Kornack at National Bank Financial
11/17/2019Echelon Wealth PartnersReiterated RatingHold$13.00
i
10/18/2019DesjardinsInitiated CoverageBuy$14.00
i
Rating by Michael Markidis at Desjardins
(Data available from 5/16/2016 forward)
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: $13.14
$13.14
$13.14

50 Day Range

MA: $12.06
$10.74
$13.14

52 Week Range

Now: $13.14
$6.75
$13.16

Volume

N/A

Average Volume

1,119 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, CIBC, Desjardins, Echelon Wealth Partners, National Bank Financial, Raymond James, Royal Bank of Canada, and Scotiabank.
View the latest analyst ratings for SMMCF.

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

9 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 $16.31, suggesting a possible upside of 24.1%. National Bank Financial has the highest price target set, predicting SMMCF will reach $18.00 in the next twelve months. Echelon Wealth Partners has the lowest price target set, forecasting a price of $13.00 for Summit Industrial Income REIT in the next year.
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 4 hold ratings and 5 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?

The company's listed phone number is (905) 791-1181. The official website for Summit Industrial Income REIT is www.summitIIreit.com.