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Scotia Capital covered Crombie Real Estate Investment Trust (TSE:CRR.UN), stepping up its price target to $16.00 earlier today

Scotia Capital upped the price target of Crombie Real Estate Investment Trust (TSE:CRR.UN) to $16, indicating a possible upside of 0.09%.

On 8/04/2016, Scotia Capital released a statement on Crombie Real Estate Investment Trust(TSE:CRR.UN) bumped the target price from $0.00 to $16.00. At the time, this indicated a possible upside of 0.03%.

Only yesterday Crombie Real Estate Investment Trust (TSE:CRR.UN) traded 0.00% even at $14.64. CRR.UN’s 50-day average is $0.00 and its 200-day moving average is $0.00. With the last stock price up 0.00% relative to the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Trade volume was held steady, with 0 shares of CRR.UN changing hands on par with the typical 0 shares..

See Chart Below:

Crombie Real Estate Investment Trust (TSE:CRR.UN)

Crombie Real Estate Investment Trust has a 52 week low of $0.00 and a one-year high of $0.00. The company’s total market value is presently $0.0.

General Company Details For Crombie Real Estate Investment Trust (TSE:CRR.UN)

Crombie Real Estate Investment Trust (Crombie) is a Canada-based unincorporated open-ended real estate investment trust (REIT). Crombie invests in income-producing retail, office and mixed use properties in Canada. Crombie focuses on grocery-anchored and drug store-anchored retail properties. Crombie owns a portfolio of over 260 commercial properties in over 10 provinces, including approximately 17.7 million square feet of gross leasable area (GLA). Crombie instituted a distribution reinvestment plan (DRIP) whereby Canadian resident REIT unitholders may elect to automatically have their distributions reinvested in additional REIT units. Its property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, 1 Avenue NW Safeway, 2 Avenue West Safeway, 13 Avenue, Territorial Drive Plaza, Fortune Drive Safeway, and Kildonan Green and Yellowhead Highway Safeway.

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