Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Given New C$21.00 Price Target at National Bankshares

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) had its price target upped by National Bankshares from C$20.00 to C$21.00 in a report published on Friday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

MHC.UN has been the topic of several other research reports. Raymond James increased their target price on shares of Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company a “strong-buy” rating in a research note on Friday. Desjardins increased their target price on shares of Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the company a “buy” rating in a research note on Friday. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$20.10.

Flagship Communities Real Estate Investment Trust Stock Up 4.4 %

Flagship Communities Real Estate Investment Trust stock opened at C$23.74 on Friday. Flagship Communities Real Estate Investment Trust has a 52-week low of C$18.00 and a 52-week high of C$24.70. The company has a market cap of C$335.68 million, a price-to-earnings ratio of 5.04 and a beta of 0.28. The firm’s fifty day moving average is C$21.15 and its 200 day moving average is C$20.79.

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.