PRO Real Estate Investment Trust (CVE:PRV.UN) Price Target Raised to C$6.50

PRO Real Estate Investment Trust (CVE:PRV.UN) had its price objective hoisted by CIBC from C$6.25 to C$6.50 in a research report sent to investors on Friday morning,BayStreet.CA reports.

PRO Real Estate Investment Trust Price Performance

PRV.UN stock opened at C$2.30 on Friday. The business has a 50 day simple moving average of C$2.30 and a 200-day simple moving average of C$2.30. PRO Real Estate Investment Trust has a twelve month low of C$1.80 and a twelve month high of C$2.45.

PRO Real Estate Investment Trust Company Profile

PROREIT is an unincorporated open-ended real estate investment trust owning a diversified portfolio of 84 commercial properties across Canada representing over 3.7 million square feet of gross leasable area. Established in 2013, PROREIT is mainly focused on strong secondary markets in Quebec, Atlantic Canada and Ontario, with selective exposure in Western Canada.