Pure Multi-Family REIT (CVE:RUF.U) Price Target Raised to C$7.61

Pure Multi-Family REIT (CVE:RUF.U) had its price objective boosted by Canaccord Genuity from C$7.50 to C$7.61 in a research note released on Friday morning, BayStreet.CA reports.

Several other analysts have also issued reports on the stock. Royal Bank of Canada upped their price target on shares of Sleep Country Canada from C$19.00 to C$20.00 and gave the company a sector perform rating in a research report on Friday. National Bank Financial raised shares of WSP Global from a sector perform rating to an outperform rating and upped their price objective for the company from C$75.00 to C$79.00 in a research note on Wednesday, May 15th. BMO Capital Markets reaffirmed a buy rating on shares of Toronto-Dominion Bank in a research note on Friday, May 24th. Finally, Raymond James set a C$3.50 price objective on shares of StorageVault Canada and gave the company a strong-buy rating in a research note on Thursday, May 16th.

Pure Multi-Family REIT has a 1 year low of C$7.07 and a 1 year high of C$6.43.

About Pure Multi-Family REIT

Pure Multi-Family REIT LP (Pure Multi) is a Canada-based company, which invests in multi-family real estate properties in the United States. The Company offers investors exposure to the United States multifamily real estate assets. It offers investors the ability to participate in monthly distributions, with potential for capital appreciation, stemming from ownership of quality apartment assets located in core cities within the Southwestern and Southeastern portions of the United States, including states, such as Texas, Arizona, Georgia and Nevada (collectively, the Sunbelt).

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