RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Price Target Cut by National Bank Financial

RioCan Real Estate Investment Trust (TSE:REI.UN) had its price objective lowered by equities research analysts at National Bank Financial from C$26.50 to C$24.50 in a report issued on Wednesday, BayStreet reports. The firm presently has an “outperform” rating on the real estate investment trust’s stock. National Bank Financial’s price target points to a potential upside of 15.02% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Royal Bank Of Canada upped their target price on shares of RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Desjardins lifted their price target on RioCan Real Estate Investment Trust from C$24.00 to C$25.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Scotia lifted their price target on RioCan Real Estate Investment Trust from C$22.25 to C$22.50 and gave the stock a “sector perform” rating in a research report on Thursday, August 6th. Finally, Canaccord Genuity Group boosted their price objective on RioCan Real Estate Investment Trust from C$21.50 to C$22.50 and gave the stock a “hold” rating in a research note on Thursday, August 6th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$23.84.

RioCan Real Estate Investment Trust Price Performance

REI.UN stock traded down C$0.03 during trading on Wednesday, hitting C$21.30. 444,907 shares of the company’s stock traded hands, compared to its average volume of 737,766. RioCan Real Estate Investment Trust has a 52 week low of C$18.06 and a 52 week high of C$23.25. The company has a debt-to-equity ratio of 95.37, a quick ratio of 0.08 and a current ratio of 0.30. The business has a fifty day simple moving average of C$20.85 and a 200 day simple moving average of C$21.56. The stock has a market capitalization of C$6.20 billion, a price-to-earnings ratio of 24.77 and a beta of 0.85.

RioCan Real Estate Investment Trust (TSE:REI.UN) last issued its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported C$0.52 EPS for the quarter. RioCan Real Estate Investment Trust had a net margin of 4.86% and a return on equity of 0.78%. The business had revenue of C$304.36 million during the quarter.

RioCan Real Estate Investment Trust Company Profile

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at June 30, 2026, our portfolio is comprised of 164 properties with an aggregate net leasable area of approximately 31 million square feet (at RioCan’s interest).