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Melcor Real Estate Investment Trust - MR.UN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$3.25
  • Forecasted Upside: -36.77%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$5.14 As of 12/23/2024 10:41 AM ET
▲ +0.01 (0.19%)

This chart shows the closing price for MR.UN by one month, three months, or twelve months.

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Analyst Price Target for MR.UN

Analyst Price Target is C$3.25
▼ -36.77% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Melcor Real Estate Investment Trust in the last 3 months. The average price target is C$3.25, with a high forecast of C$3.25 and a low forecast of C$3.25. The average price target represents a -36.77% upside from the last price of C$5.14.

This chart shows the closing price for MR.UN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 polled investment analysts is to hold stock in Melcor Real Estate Investment Trust. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/2/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/30/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/29/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/28/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/23/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/7/2024Royal Bank of CanadaLower TargetSector PerformC$4.50 ➝ C$3.25
3/7/2024CIBCLower TargetNeutralC$3.75 ➝ C$3.25
2/26/2024CIBCLower TargetNeutralC$5.25 ➝ C$3.75
11/6/2023Royal Bank of CanadaLower TargetSector Perform ➝ Sector PerformC$5.50 ➝ C$4.50
8/1/2023Royal Bank of CanadaLower TargetSector PerformC$6.00 ➝ C$5.50
3/10/2023CIBCLower TargetNeutralC$6.25 ➝ C$6.00
11/7/2022Royal Bank of CanadaLower TargetSector PerformC$6.50 ➝ C$6.00
11/7/2022CIBCLower TargetNeutralC$6.75 ➝ C$6.25
7/28/2022CIBCLower TargetC$7.25 ➝ C$6.75
7/30/2021BMO Capital MarketsBoost TargetC$6.50 ➝ C$7.00
7/29/2021Royal Bank of CanadaReiterated RatingSector PerformC$7.25
7/6/2021CIBCInitiated CoverageOutperformC$7.25
5/12/2021Royal Bank of CanadaBoost TargetOutperformC$5.50 ➝ C$7.25
5/7/2021BMO Capital MarketsBoost TargetMarket PerformC$5.50 ➝ C$6.50
3/10/2021Royal Bank of CanadaBoost TargetSector PerformC$5.00 ➝ C$5.50
3/8/2021BMO Capital MarketsBoost TargetC$4.85 ➝ C$5.50
12/14/2020BMO Capital MarketsBoost TargetC$4.50 ➝ C$4.85
6/1/2020Royal Bank of CanadaLower TargetSector PerformC$6.00 ➝ C$5.00
5/20/2020BMO Capital MarketsLower TargetC$6.00 ➝ C$4.50
5/19/2020CIBCLower TargetC$6.00 ➝ C$5.00
3/30/2020Royal Bank of CanadaLower TargetSector PerformC$8.00 ➝ C$6.00
3/24/2020CIBCLower TargetC$8.00 ➝ C$6.00
(Data available from 12/23/2019 forward)

News Sentiment Rating

1.26 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/27/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/26/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/26/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/25/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/24/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/24/2024
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/23/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/23/2024

Current Sentiment

  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

Very Positive

Melcor Real Estate Investment Trust logo
Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canadian markets. Its portfolio is currently made up of interests in 38 properties representing approximately 2.93 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan; and Kelowna, British Columbia.
Read More

Today's Range

Now: C$5.14
Low: C$5.06
High: C$5.17

50 Day Range

MA: C$5.00
Low: C$4.75
High: C$5.32

52 Week Range

Now: C$5.14
Low: C$2.19
High: C$5.40

Volume

14,275 shs

Average Volume

25,424 shs

Market Capitalization

C$66.61 million

P/E Ratio

N/A

Dividend Yield

16.72%

Beta

2.18

Frequently Asked Questions

What sell-side analysts currently cover shares of Melcor Real Estate Investment Trust?

The following sell-side analysts have issued stock ratings on Melcor Real Estate Investment Trust in the last year: CIBC, and Royal Bank of Canada.
View the latest analyst ratings for MR.UN.

What is the current price target for Melcor Real Estate Investment Trust?

0 Wall Street analysts have set twelve-month price targets for Melcor Real Estate Investment Trust in the last year. Their average twelve-month price target is C$3.25, suggesting a possible downside of 36.8%. Royal Bank of Canada has the highest price target set, predicting MR.UN will reach C$3.25 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of C$3.25 for Melcor Real Estate Investment Trust in the next year.
View the latest price targets for MR.UN.

What is the current consensus analyst rating for Melcor Real Estate Investment Trust?

Melcor Real Estate Investment Trust currently has 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MR.UN, but not buy more shares or sell existing shares.
View the latest ratings for MR.UN.

What other companies compete with Melcor Real Estate Investment Trust?

Other companies that are similar to Melcor Real Estate Investment Trust include PRO Real Estate Investment Trust, True North Commercial REIT, Fronsac Real Estate Investment Trust, Middlefield Can-Global REIT Income Fund and Australian REIT Income Fund. Learn More about companies similar to Melcor Real Estate Investment Trust.

How do I contact Melcor Real Estate Investment Trust's investor relations team?

Melcor Real Estate Investment Trust's physical mailing address is 900-10310 Jasper Ave NW, EDMONTON, AB T5J 1Y8, Canada. The company's listed phone number is +1-780-4236931. The official website for Melcor Real Estate Investment Trust is www.melcorreit.ca. Learn More about contacing Melcor Real Estate Investment Trust investor relations.