Flagship Communities Real Estate Investment Trust (TSE:MHC.UN – Free Report) had its target price cut by Desjardins from C$21.00 to C$19.50 in a research report report published on Thursday, BayStreet.CA reports. They currently have a buy rating on the stock.
Separately, Raymond James boosted their target price on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$20.50 and gave the stock an outperform rating in a report on Monday, January 8th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of Buy and a consensus target price of C$19.58.
Read Our Latest Analysis on MHC.UN
Flagship Communities Real Estate Investment Trust Price Performance
Insider Buying and Selling
In related news, Director Louis Marie Forbes bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The stock was purchased at an average cost of C$15.35 per share, for a total transaction of C$30,700.00. 0.40% of the stock is owned by insiders.
Flagship Communities Real Estate Investment Trust Company Profile
Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.
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