Average Price Target: C$21.86
▲ +0.63% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for RioCan Real Estate Investment Trust in the last 3 months. The average price target is C$21.86, with a high forecast of C$24.00 and a low forecast of C$18.00. The average price target represents a 0.63% upside from the last price of C$21.72.
The current consensus among 6 polled investment analysts is to buy stock in RioCan Real Estate Investment Trust. This rating has held steady since April 2021, when it changed from a Hold consensus rating.
RioCan is one of Canada's largest real estate investment trusts with a total enterprise value of approximately $13.2 billion as at December 31, 2018. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. Our portfolio is comprised of 233 properties, including 16 development properties, with an aggregate net leasable area of approximately 38.7 million square feet.