Average Price Target: C$14.21
▼ -1.94% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Choice Properties Real Est Invstmnt Trst in the last 3 months. The average price target is C$14.21, with a high forecast of C$15.00 and a low forecast of C$13.50. The average price target represents a -1.94% upside from the last price of C$14.49.
The current consensus among 5 polled investment analysts is to hold stock in Choice Properties Real Est Invstmnt Trst. This Hold consensus rating has held steady for over two years.
Choice Properties, Canada's preeminent diversified real estate investment trust, is the owner, manager and developer of a high quality portfolio comprising 756 properties totaling 67.7 million square feet of gross leasable area. The portfolio is comprised of retail properties, predominantly leased to necessity-based tenants, industrial, office and residential assets concentrated in attractive markets and offers an unmatched development pipeline. Choice Properties' strategic alliance with its principal tenant, Loblaw Companies Limited, the country's leading retailer, is a key competitive advantage providing long-term growth opportunities.