Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Receives C$21.71 Average Price Target from Analysts

Shares of Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) have been given an average rating of “Buy” by the six research firms that are presently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is C$21.71.

Separately, National Bankshares set a C$23.00 target price on Flagship Communities Real Estate Investment Trust and gave the stock an “outperform” rating in a research report on Wednesday, October 8th.

Flagship Communities Real Estate Investment Trust Stock Performance

Shares of MHC.UN stock opened at C$27.51 on Friday. The company has a market capitalization of C$533.75 million, a price-to-earnings ratio of 5.60 and a beta of 0.30. The company’s 50-day moving average is C$25.74 and its 200 day moving average is C$25.55. Flagship Communities Real Estate Investment Trust has a one year low of C$20.18 and a one year high of C$28.11.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets, all of which are located in The United States. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions.