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TSE:TNT.UN - True North Commercial REIT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$7.60
  • Forecasted Upside: 17.47 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$6.47 As of 03/2/2021 02:56 PM ET
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for TNT.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$7.60
▲ +17.47% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for True North Commercial REIT in the last 3 months. The average price target is C$7.60, with a high forecast of C$8.25 and a low forecast of C$6.75. The average price target represents a 17.47% upside from the last price of C$6.47.
Buy
The current consensus among 2 investment analysts is to buy stock in True North Commercial REIT. This rating has held steady since November 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/9/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/8/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/7/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/5/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/3/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/2/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/2/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
12/1/2020Raymond JamesBoost Price TargetMarket PerformC$6.00 ➝ C$7.00
i
11/9/2020Canaccord GenuityUpgradeHold ➝ Buy
i
11/9/2020Raymond JamesLower Price TargetMarket PerformC$6.50 ➝ C$6.00
i
5/8/2020Raymond JamesSet Price TargetOutperformC$6.25
i
4/13/2020Canaccord GenuityLower Price TargetC$8.00 ➝ C$6.75
i
3/18/2020Raymond JamesLower Price TargetOutperformC$7.75 ➝ C$6.25
i
3/5/2020Laurentian Bank of CanadaBoost Price TargetC$7.50 ➝ C$8.25
i
3/5/2020Raymond JamesReiterated RatingOutperformC$7.75
i
3/5/2020LaurentianBoost Price TargetC$7.50 ➝ C$8.25
i
3/5/2020CIBCBoost Price TargetC$7.25 ➝ C$7.75
i
11/19/2019LaurentianBoost Price TargetC$7.00 ➝ C$7.50
i
11/19/2019CIBCBoost Price TargetNeutralC$6.25 ➝ C$7.25
i
11/8/2019Raymond JamesBoost Price TargetC$7.00 ➝ C$7.50
i
8/12/2019Raymond JamesReiterated RatingOutperformC$7.00
i
5/10/2019Royal Bank of CanadaReiterated RatingOutperformC$7.00
i
3/18/2019Raymond JamesReiterated RatingOutperformC$7.00
i
12/24/2018Raymond JamesReiterated RatingOutperformC$7.00
i
10/4/2018Canaccord GenuityReiterated RatingHoldC$6.75
i
5/11/2018CIBCBoost Price TargetC$6.50 ➝ C$6.75
i
3/16/2018CIBCReiterated RatingNeutralC$6.50
i
10/23/2017National Bank FinancialReiterated RatingSector PerformC$6.60
i
11/14/2016National Bank FinancialSet Price TargetSector PerformC$6.65
i
8/25/2016National Bank FinancialReiterated RatingSector PerformC$6.50
i
8/6/2016Raymond JamesBoost Price TargetOutperformC$6.00 ➝ C$6.25
i
8/2/2016CIBCReiterated RatingSector PerformC$6.35
i
(Data available from 3/2/2016 forward)
True North Commercial REIT logo
The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. The REIT currently owns and operates a portfolio of 46 commercial properties consisting of approximately 3.7 million square feet in urban and select strategic secondary markets across Canada focusing on long term leases with government and credit-rated tenants. The REIT is focused on growing its portfolio principally through acquisitions across Canada and such other jurisdictions where opportunities exist.
Read More

Today's Range

Now: C$6.47
C$6.40
C$6.51

50 Day Range

MA: C$6.37
C$6.24
C$6.57

52 Week Range

Now: C$6.47
C$3.83
C$7.77

Volume

134,770 shs

Average Volume

175,090 shs

Market Capitalization

C$556.36 million

P/E Ratio

16.94

Dividend Yield

9.18%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of True North Commercial REIT?

The following equities research analysts have issued research reports on True North Commercial REIT in the last twelve months: Canaccord Genuity, CIBC, Laurentian, Laurentian Bank of Canada, and Raymond James.
View the latest analyst ratings for TNT.UN.

What is the current price target for True North Commercial REIT?

5 Wall Street analysts have set twelve-month price targets for True North Commercial REIT in the last year. Their average twelve-month price target is C$7.60, suggesting a possible upside of 16.7%. Laurentian has the highest price target set, predicting TNT.UN will reach C$8.25 in the next twelve months. Canaccord Genuity has the lowest price target set, forecasting a price of C$6.75 for True North Commercial REIT in the next year.
View the latest price targets for TNT.UN.

What is the current consensus analyst rating for True North Commercial REIT?

True North Commercial REIT 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 TNT.UN will outperform the market and that investors should add to their positions of True North Commercial REIT.
View the latest ratings for TNT.UN.

What other companies compete with True North Commercial REIT?

Other companies that are similar to True North Commercial REIT include Great Portland Estates, Cominar REIT, Artis Real Estate Investment Trust Unit, Crombie Real Estate Investment Trust, Secure Income REIT, Hamborner REIT, GCP Student Living, Lxi Reit, BMO Commercial Property Trust, Rdi Reit, PRS REIT (PRSR.L), A & J Mucklow Group P L C, Automotive Properties Real Est Invt TR, Custodian REIT and Dream Hard Asset Alternatives Trust.

How do I contact True North Commercial REIT's investor relations team?

The company's listed phone number is (416) 234-8444. The official website for True North Commercial REIT is www.truenorthreit.com.