▼ -0.51% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Melcor Real Estate Investment Trust in the last 3 months. The average price target is C$6.88, with a high forecast of C$7.25 and a low forecast of C$6.50. The average price target represents a -0.51% upside from the last price of C$6.91.
The current consensus among 2 polled investment analysts is to buy stock in Melcor Real Estate Investment Trust.
Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canadian markets. Its portfolio is currently made up of interests in 38 properties representing approximately 2.93 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.