Raymond James set a C$95.00 price objective on Boardwalk Real Estate Investment Trust (TSE:BEI.UN – Free Report) in a report published on Wednesday morning, BayStreet.CA reports. The brokerage currently has a strong-buy rating on the real estate investment trust’s stock.
Several other equities research analysts also recently issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of Boardwalk Real Estate Investment Trust from C$86.00 to C$88.00 in a research note on Thursday, May 9th. National Bankshares lifted their target price on Boardwalk Real Estate Investment Trust from C$86.50 to C$88.00 in a research report on Thursday, May 9th. TD Securities lowered their price objective on shares of Boardwalk Real Estate Investment Trust from C$92.00 to C$90.00 in a research report on Wednesday, April 24th. Finally, BMO Capital Markets upped their price objective on Boardwalk Real Estate Investment Trust from C$84.00 to C$85.00 and gave the stock an outperform rating in a research note on Monday, May 13th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of C$85.93.
Check Out Our Latest Stock Report on Boardwalk Real Estate Investment Trust
Boardwalk Real Estate Investment Trust Trading Up 0.7 %
Boardwalk Real Estate Investment Trust Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, August 15th will be paid a $0.12 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date is Wednesday, July 31st. Boardwalk Real Estate Investment Trust’s dividend payout ratio is 9.04%.
About Boardwalk Real Estate Investment Trust
Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.
Featured Articles
- Five stocks we like better than Boardwalk Real Estate Investment Trust
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Dividend Payout Ratio Calculator
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- What is a Bond Market Holiday? How to Invest and Trade
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Boardwalk Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boardwalk Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.