Average Price Target: C$172.50
▲ +21.05% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Morguard in the last 3 months. The average price target is C$172.50, with a high forecast of C$180.00 and a low forecast of C$165.00. The average price target represents a 21.05% upside from the last price of C$142.50.
The current consensus among 2 polled investment analysts is to buy stock in Morguard. This rating has held steady since February 2021, when it changed from a Hold consensus rating.
Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops real estate properties in Canada and the United States. As of February 25, 2021, the company owned a portfolio of 203 multi-suite residential, retail, office, industrial, and hotel properties that comprised 17,752 residential suites, approximately 16.9 million square feet of commercial leasable space, and 5,517 hotel rooms. It also offers real estate management services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; real estate advisory services; and investment products across equity, fixed-income, and balanced portfolios to institutional clients and private investors. The company is headquartered in Mississauga, Canada. Morguard Corporation is a subsidiary of Paros Enterprises Limited.