Shares of BSR Real Estate Investment Trust (TSE:ERE.UN – Get Rating) have earned an average rating of “Buy” from the seven ratings firms that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a buy recommendation. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$5.74.

Several brokerages have issued reports on ERE.UN. Echelon Wealth Partners assumed coverage on shares of BSR Real Estate Investment Trust in a report on Thursday, February 17th. They issued a “buy” rating and a C$5.40 price target on the stock. Raymond James set a C$5.75 target price on shares of BSR Real Estate Investment Trust and gave the stock an “outperform” rating in a report on Tuesday, May 3rd. Royal Bank of Canada upped their target price on shares of BSR Real Estate Investment Trust from C$5.75 to C$6.00 and gave the stock an “outperform” rating in a report on Tuesday, February 22nd. CIBC upped their target price on shares of BSR Real Estate Investment Trust from C$5.75 to C$6.00 in a report on Wednesday, May 4th. Finally, Scotiabank upped their target price on shares of BSR Real Estate Investment Trust from C$5.50 to C$6.00 in a report on Wednesday, February 23rd.

TSE:ERE.UN opened at C$4.63 on Friday. The stock has a market cap of C$414.28 million and a P/E ratio of 3.07. BSR Real Estate Investment Trust has a one year low of C$4.07 and a one year high of C$5.06. The company has a fifty day moving average price of C$4.77 and a 200 day moving average price of C$4.56. The company has a debt-to-equity ratio of 360.60, a current ratio of 0.18 and a quick ratio of 0.17.

About BSR Real Estate Investment Trust (Get Rating)

ERES is an unincorporated, open-ended real estate investment trust. ERES’s REIT units are listed on the TSX under the symbol ERE.UN. ERES is Canada’s only European-focused multi-residential REIT, with a current initial focus on investing in high-quality multi-residential real estate properties in the Netherlands.

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