BMO Capital Markets Downgrades Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) to Hold

Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) was downgraded by BMO Capital Markets from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Boardwalk Real Estate Investment Trust Stock Performance

Boardwalk Real Estate Investment Trust stock opened at $43.73 on Wednesday. The company has a market cap of $2.16 billion, a PE ratio of 4.42 and a beta of 1.51. The company has a fifty day moving average price of $51.63 and a two-hundred day moving average price of $55.79. Boardwalk Real Estate Investment Trust has a 12 month low of $43.73 and a 12 month high of $71.39. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.29 and a quick ratio of 0.29.

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.