TSE:MR.UN - Melcor Real Estate Investment Trust Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$6.88
  • Forecasted Upside: -0.51 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$6.91
▼ -0.05 (-0.72%)
1 month | 3 months | 12 months
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Analyst Price Target for MR.UN

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.
C$6.88
▼ -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.

Buy

The current consensus among 2 polled investment analysts is to buy stock in Melcor Real Estate Investment Trust.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/24/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/23/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/21/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/19/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/18/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/18/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/17/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/16/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/12/2021Royal Bank of CanadaBoost Price TargetOutperformC$5.50 ➝ C$7.25
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5/7/2021BMO Capital MarketsBoost Price TargetMarket PerformC$5.50 ➝ C$6.50
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3/10/2021Royal Bank of CanadaBoost Price TargetSector PerformC$5.00 ➝ C$5.50
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3/8/2021BMO Capital MarketsBoost Price TargetC$4.85 ➝ C$5.50
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12/14/2020BMO Capital MarketsBoost Price TargetC$4.50 ➝ C$4.85
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6/1/2020Royal Bank of CanadaLower Price TargetSector PerformC$6.00 ➝ C$5.00
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5/20/2020BMO Capital MarketsLower Price TargetC$6.00 ➝ C$4.50
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5/19/2020CIBCLower Price TargetC$6.00 ➝ C$5.00
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3/30/2020Royal Bank of CanadaLower Price TargetSector PerformC$8.00 ➝ C$6.00
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3/24/2020CIBCLower Price TargetC$8.00 ➝ C$6.00
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3/13/2019Royal Bank of CanadaLower Price TargetSector PerformC$8.50 ➝ C$8.00
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3/12/2019DesjardinsLower Price TargetC$8.25 ➝ C$8.00
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2/11/2019BMO Capital MarketsReiterated RatingMarket PerformC$7.50
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8/2/2018Royal Bank of CanadaLower Price TargetSector PerformC$9.00 ➝ C$8.50
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6/21/2018BMO Capital MarketsReiterated RatingMarket PerformC$8.50
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5/7/2018DesjardinsLower Price TargetC$8.75 ➝ C$8.50
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4/25/2018DesjardinsReiterated RatingHoldC$8.75
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3/29/2018CIBCReiterated RatingNeutralC$8.50
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3/7/2018Royal Bank of CanadaLower Price TargetSector PerformC$9.50 ➝ C$9.00
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3/5/2018Canaccord GenuityLower Price TargetC$9.00 ➝ C$8.75
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12/22/2017National Bank FinancialReiterated RatingSector PerformC$9.50
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11/3/2017Royal Bank of CanadaBoost Price TargetSector PerformC$9.00 ➝ C$9.50
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11/3/2017National Bank FinancialBoost Price TargetSector PerformC$9.00 ➝ C$9.50
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8/22/2016National Bank FinancialBoost Price TargetC$8.50 ➝ C$9.00
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8/10/2016DesjardinsReiterated RatingHoldC$8.75
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8/9/2016Royal Bank of CanadaBoost Price TargetSector PerformC$8.50 ➝ C$9.00
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8/8/2016Royal Bank of CanadaBoost Price TargetSector PerformC$8.50 ➝ C$9.00
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7/11/2016Canaccord GenuityReiterated RatingHold
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(Data available from 6/16/2016 forward)
Melcor Real Estate Investment Trust logo
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.
Read More

Today's Range

Now: C$6.91
C$6.90
C$6.94

50 Day Range

MA: C$6.89
C$6.19
C$7.29

52 Week Range

Now: C$6.91
C$3.50
C$7.31

Volume

5,608 shs

Average Volume

17,951 shs

Market Capitalization

C$89.91 million

P/E Ratio

N/A

Dividend Yield

6.03%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Melcor Real Estate Investment Trust?

The following sell-side analysts have issued stock ratings on Melcor Real Estate Investment Trust in the last year: BMO Capital Markets, and Royal Bank of Canada.
View the latest analyst ratings for MR.UN.

What is the current price target for Melcor Real Estate Investment Trust?

2 Wall Street analysts have set twelve-month price targets for Melcor Real Estate Investment Trust in the last year. Their average twelve-month price target is C$6.88, suggesting a possible downside of 0.5%. Royal Bank of Canada has the highest price target set, predicting MR.UN will reach C$7.25 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$6.50 for Melcor Real Estate Investment Trust in the next year.
View the latest price targets for MR.UN.

What is the current consensus analyst rating for Melcor Real Estate Investment Trust?

Melcor Real Estate Investment Trust currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MR.UN will outperform the market and that investors should add to their positions of Melcor Real Estate Investment Trust.
View the latest ratings for MR.UN.

What other companies compete with Melcor Real Estate Investment Trust?

How do I contact Melcor Real Estate Investment Trust's investor relations team?

Melcor Real Estate Investment Trust's physical mailing address is 900-10310 Jasper Ave NW, EDMONTON, AB T5J 1Y8, Canada. The company's listed phone number is +1-780-4236931. The official website for Melcor Real Estate Investment Trust is www.melcorreit.ca.