BSR Real Estate Investment Trust (NYSE:BSRT) Stock Price Target Lowered at Desjardins

BSR Real Estate Investment Trust (NYSE:BSRT) had its price objective lowered by analysts at Desjardins from $12.50 to $11.50 in a research report issued to clients and investors on Friday, BayStreet reports. The firm presently has a “buy” rating on the stock. Desjardins‘s target price points to a potential upside of 23.86% from the stock’s previous close.

Other research analysts have also recently issued research reports about the company. Weiss Ratings cut BSR Real Estate Investment Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday. TD Securities upgraded shares of BSR Real Estate Investment Trust to a “strong-buy” rating in a research note on Tuesday, October 20th. Royal Bank Of Canada lowered their price target on shares of BSR Real Estate Investment Trust from $12.50 to $11.00 and set a “sector perform” rating on the stock in a report on Friday. Finally, Wall Street Zen raised BSR Real Estate Investment Trust to a “hold” rating in a report on Saturday, October 31st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $11.25.

BSR Real Estate Investment Trust Stock Performance

Shares of BSRT traded up $0.03 on Friday, reaching $9.29. The company’s stock had a trading volume of 149,721 shares, compared to its average volume of 24,918. BSR Real Estate Investment Trust has a twelve month low of $9.20 and a twelve month high of $13.00.

BSR Real Estate Investment Trust (NYSE:BSRT) last announced its earnings results on Wednesday, November 11th. The company reported ($0.21) earnings per share (EPS) for the quarter. The company had revenue of $34.52 million during the quarter.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is a residential real estate company focused on owning and operating multifamily apartment communities in the U.S. Sunbelt. Its properties provide rental housing and related amenities to residents. The trust’s portfolio was concentrated in Texas, Oklahoma and Arkansas, with a focus on apartment communities in growing regional markets. BSR became publicly traded in 2018. Harbor Group International completed its acquisition of BSR in 2024, after which BSR’s units were no longer publicly traded.