TSE:SMU.UN - Summit Industrial Income REIT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$23.38
  • Forecasted Upside: 37.10 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
C$17.05
▼ -0.06 (-0.35%)

This chart shows the closing price for SMU.UN by one month, three months, or twelve months.

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Analyst Price Target for SMU.UN

Analyst Price Target is C$23.38
▲ +37.10% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Summit Industrial Income REIT in the last 3 months. The average price target is C$23.38, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 37.10% upside from the last price of C$17.05.

This chart shows the closing price for SMU.UN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 7 contributing investment analysts is to buy stock in Summit Industrial Income REIT.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/11/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/11/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/10/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/8/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/6/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/6/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/5/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/5/2022

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/12/2022Canaccord Genuity GroupUpgradeBuyC$22.00
2/17/2022Raymond JamesReiterated RatingOutperformC$25.00
10/1/2021TD SecuritiesBoost Price TargetNAC$25.00
9/24/2021BMO Capital MarketsReiterated RatingOutperform
9/23/2021National Bank FinancialBoost Price TargetOutperformC$23.00
9/23/2021Raymond JamesReiterated RatingOutperformC$24.00
9/23/2021BMO Capital MarketsBoost Price TargetNAC$22.50
9/23/2021CIBCBoost Price TargetNeutralC$21.50 ➝ C$22.50
9/23/2021National BanksharesInitiated CoverageBuyC$24.00
9/22/2021TD SecuritiesReiterated RatingBuyC$24.00
8/18/2021Royal Bank of CanadaBoost Price TargetSector PerformC$23.00
8/12/2021CIBCBoost Price TargetNeutralC$21.50
8/12/2021TD SecuritiesBoost Price TargetBuyC$24.00
8/12/2021Raymond JamesBoost Price TargetOutperformC$23.00
8/12/2021National Bank FinancialBoost Price TargetOutperformC$22.50
7/19/2021National Bank FinancialBoost Price TargetNAC$21.00
6/23/2021CIBCBoost Price TargetNeutralC$18.00
5/17/2021Royal Bank of CanadaBoost Price TargetNAC$17.50
4/22/2021Raymond JamesBoost Price TargetOutperformC$17.00
3/24/2021Raymond JamesInitiated CoverageOutperformC$15.75
2/25/2021BMO Capital MarketsReiterated RatingNAC$15.00
2/25/2021CIBCBoost Price TargetNAC$15.00
2/25/2021National Bank FinancialBoost Price TargetOutperformC$16.00
2/25/2021Royal Bank of CanadaBoost Price TargetSector PerformC$15.50
5/9/2019Royal Bank of CanadaBoost Price TargetSector PerformC$11.50 ➝ C$12.50
3/26/2019CIBCBoost Price TargetC$11.00 ➝ C$12.25
3/26/2019DesjardinsBoost Price TargetC$11.50 ➝ C$12.00
2/26/2019BMO Capital MarketsBoost Price TargetAverageC$10.00 ➝ C$11.50
2/25/2019Royal Bank of CanadaBoost Price TargetBuy ➝ Sector PerformC$9.50 ➝ C$11.50
2/22/2019National Bank FinancialBoost Price TargetSector PerformC$10.75 ➝ C$11.00
2/22/2019CIBCBoost Price TargetNeutralC$10.00 ➝ C$11.00
10/31/2017National Bank FinancialBoost Price TargetOutperformC$7.25 ➝ C$7.50
(Data available from 7/5/2017 forward)

News Sentiment Rating

0.00 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/7/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/6/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/5/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/7/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/6/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/6/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/5/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/5/2022

Current Sentiment

  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Summit Industrial Income REIT logo
Summit Industrial Income REIT is an unincorporated open-end trust focused on growing and managing a portfolio of light industrial and other properties across Canada. Summit II's units are listed on the TSX and trade under the symbol SMU.UN.
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Today's Range

Now: C$17.05
Low: C$16.98
High: C$17.21

50 Day Range

MA: C$18.49
Low: C$16.17
High: C$21.53

52 Week Range

Now: C$17.05
Low: C$16.06
High: C$24.01

Volume

181,699 shs

Average Volume

619,849 shs

Market Capitalization

C$3.23 billion

P/E Ratio

2.37

Dividend Yield

3.39%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Summit Industrial Income REIT?

The following equities research analysts have issued reports on Summit Industrial Income REIT in the last year: BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, and TD Securities.
View the latest analyst ratings for SMU.UN.

What is the current price target for Summit Industrial Income REIT?

0 Wall Street analysts have set twelve-month price targets for Summit Industrial Income REIT in the last year. Their average twelve-month price target is C$23.38, suggesting a possible upside of 37.1%.
View the latest price targets for SMU.UN.

What is the current consensus analyst rating for Summit Industrial Income REIT?

Summit Industrial Income REIT currently has 2 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SMU.UN will outperform the market and that investors should add to their positions of Summit Industrial Income REIT.
View the latest ratings for SMU.UN.

How do I contact Summit Industrial Income REIT's investor relations team?

The company's listed phone number is (905) 791-1181. The official website for Summit Industrial Income REIT is www.summitIIreit.com. Learn More about contacing Summit Industrial Income REIT investor relations.