Desjardins Securities issued a report on Inovalis REIT (TSE:INO.UN), hiking its price target to $10.00 earlier today
- Updated: November 28, 2016
Boasting a price of $9.30, Inovalis REIT (TSE:INO.UN) traded 0.00% even on the day. With the last stock price close up 0.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Inovalis REIT has recorded a 50-day average of $0.00 and a two hundred day average of $0.00. Volume of trade held steady, with 0 shares of INO.UN changing hands on par with the typical 0
Desjardins Securities bumped up the target of Inovalis REIT (TSE:INO.UN) to $10.00 stating a potential upside of 0.08%.
On Friday November 25, 2016, BMO Capital Markets released a statement for Inovalis REIT (TSE:INO.UN) bumped up the target price from $0.00 to $10.50 that suggested an upside of 0.12%.
With a market cap of $0, Inovalis REIT has 52 week low of $0.00 and a 52 week high of $0.00 .
General Information About Inovalis REIT (TSE:INO.UN)
Inovalis Real Estate Investment Trust (Inovalis REIT) is a Canada-based open-ended real estate investment trust (REIT). Inovalis REIT is formed for the purpose of acquiring and owning office properties primarily located in France and Germany and also in other European countries. It owns interest in over 11 properties, of which seven are owned by the REIT (Baldi, Courbevoie, Jeuneurs, Metropolitan, Sabliere and Vanves in France, Hanover in Germany) and four are held through partnerships with various global institutional funds (Arcueil in France, Bad Homburg, Cologne and Duisburg in Germany) comprising over 1,083,000 square feet of gross leasable area. Its tenants include Orange, which is engaged in telecommunications sector; Facility Services Hannover GmbH, which is engaged in banking/real estate sectors; Rue du Commerce, which is engaged in e-commerce sector, and Mitsubishi Hitachi Power Systems Europe GmbH, which is engaged in manufacturing. Inovalis REIT is managed by Inovalis S.A.
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