TSE:MRC - Morguard Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$172.50
  • Forecasted Upside: 21.05 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$142.50
▲ +0.22 (0.15%)
1 month | 3 months | 12 months
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Analyst Price Target for MRC

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.

Buy

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.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/25/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/24/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/22/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/20/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/19/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/19/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/18/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/17/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/6/2021Royal Bank of CanadaReiterated RatingSector PerformC$180.00
3/2/2021CIBCLower Price TargetOutperformC$175.00 ➝ C$165.00
11/11/2020CIBCLower Price TargetC$195.00 ➝ C$175.00
5/7/2020CIBCLower Price TargetC$225.00 ➝ C$195.00
5/7/2020Royal Bank of CanadaLower Price TargetSector PerformC$223.00 ➝ C$180.00
2/24/2020Royal Bank of CanadaBoost Price TargetSector PerformC$221.00 ➝ C$223.00
11/11/2019CIBCBoost Price TargetC$210.00 ➝ C$225.00
10/2/2019Royal Bank of CanadaBoost Price TargetC$200.00 ➝ C$217.00
3/29/2018Royal Bank of CanadaLower Price TargetSector PerformC$210.00 ➝ C$200.00
3/22/2017Royal Bank of CanadaBoost Price TargetSector PerformC$205.00 ➝ C$210.00
8/22/2016Royal Bank of CanadaBoost Price TargetSector PerformC$175.00 ➝ C$205.00
8/15/2016CIBCBoost Price TargetC$180.00 ➝ C$200.00
(Data available from 6/18/2016 forward)
Morguard logo
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.
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Today's Range

Now: C$142.50
Low: C$142.50
High: C$144.76

50 Day Range

MA: C$134.84
Low: C$117.00
High: C$154.00

52 Week Range

Now: C$142.50
Low: C$95.05
High: C$158.01

Volume

13,459 shs

Average Volume

7,786 shs

Market Capitalization

C$1.58 billion

P/E Ratio

N/A

Dividend Yield

0.42%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Morguard?

The following equities research analysts have issued stock ratings on Morguard in the last twelve months: CIBC, and Royal Bank of Canada.
View the latest analyst ratings for MRC.

What is the current price target for Morguard?

2 Wall Street analysts have set twelve-month price targets for Morguard in the last year. Their average twelve-month price target is C$172.50, suggesting a possible upside of 21.1%. Royal Bank of Canada has the highest price target set, predicting MRC will reach C$180.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of C$165.00 for Morguard in the next year.
View the latest price targets for MRC.

What is the current consensus analyst rating for Morguard?

Morguard 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 MRC will outperform the market and that investors should add to their positions of Morguard.
View the latest ratings for MRC.

What other companies compete with Morguard?

How do I contact Morguard's investor relations team?

Morguard's physical mailing address is 55 City Centre Dr Suite 800, MISSISSAUGA, ON L5B 1M3, Canada. The real estate investment trust's listed phone number is +1-905-2813800. The official website for Morguard is www.morguard.com.