Shares of Artis Real Estate Investment Trust (OTCMKTS:ARESF – Get Rating) have earned a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating. The average 1-year price target among analysts that have covered the stock in the last year is $13.00.
A number of research firms recently weighed in on ARESF. BMO Capital Markets cut Artis Real Estate Investment Trust from an “outperform” rating to a “market perform” rating and set a $12.00 price target on the stock. in a research note on Monday, July 4th. Scotiabank increased their price target on Artis Real Estate Investment Trust from C$13.50 to C$14.00 in a research note on Tuesday, May 10th.
ARESF opened at $8.79 on Friday. Artis Real Estate Investment Trust has a 1-year low of $8.38 and a 1-year high of $11.00. The stock’s fifty day simple moving average is $9.62 and its 200 day simple moving average is $9.89.
The company also recently disclosed a dividend, which will be paid on Friday, July 15th. Shareholders of record on Thursday, June 30th will be issued a $0.0386 dividend. This represents a yield of 4.88%. The ex-dividend date of this dividend is Wednesday, June 29th.
Artis Real Estate Investment Trust Company Profile (Get Rating)
Artis is a diversified Canadian real estate investment trust investing in industrial and office properties in Canada and the United States. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in select markets in Canada and the United States.
Read More
Receive News & Ratings for Artis Real Estate Investment Trust Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Artis Real Estate Investment Trust and related companies with MarketBeat.com’s FREE daily email newsletter.
