Analyst Price Target is C$20.17
▲ +17.32% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for RioCan Real Estate Investment Trust in the last 3 months. The average price target is C$20.17, with a high forecast of C$22.00 and a low forecast of C$18.00. The average price target represents a 17.32% upside from the last price of C$17.19.
Current Consensus is
Moderate Buy
The current consensus among 9 investment analysts is to moderate buy stock in RioCan Real Estate Investment Trust. This rating has held steady since November 2023, when it changed from a Buy consensus rating.
Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates. By geography, the company operates in Canada, which generates the majority of total revenue, and in the United States.
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