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RioCan Real Estate Investment Trust - REI.UN Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$21.67
  • Forecasted Upside: 17.43%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
C$18.45 As of 12/20/2024 06:17 PM ET
▲ +0.43 (2.39%)

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

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Analyst Price Target for REI.UN

Analyst Price Target is C$21.67
▲ +17.43% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for RioCan Real Estate Investment Trust in the last 3 months. The average price target is C$21.67, with a high forecast of C$23.00 and a low forecast of C$20.50. The average price target represents a 17.43% upside from the last price of C$18.45.

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

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Current Consensus is Moderate Buy

The current consensus among 6 polled 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.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/18/2024BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$21.00 ➝ C$20.50
11/13/2024CIBCBoost TargetC$21.00 ➝ C$22.00
10/28/2024BMO Capital MarketsBoost TargetC$19.00 ➝ C$20.50
10/9/2024National BanksharesBoost TargetC$20.00 ➝ C$23.00
9/30/2024TD SecuritiesBoost TargetC$22.00 ➝ C$23.00
9/16/2024Canaccord Genuity GroupBoost TargetBuyC$20.00 ➝ C$21.00
9/4/2024TD SecuritiesBoost TargetBuyC$21.00 ➝ C$22.00
5/14/2024ScotiabankDowngradeOutperform ➝ Sector PerformC$22.50 ➝ C$20.50
4/24/2024National BanksharesLower TargetOutperformC$21.00 ➝ C$20.50
4/24/2024TD SecuritiesLower TargetC$22.00 ➝ C$21.00
2/16/2024BMO Capital MarketsBoost TargetMarket PerformC$18.50 ➝ C$19.00
2/15/2024CIBCLower TargetOutperformC$22.00 ➝ C$21.00
12/8/2023DesjardinsSet TargetBuyC$22.00
11/30/2023BMO Capital MarketsSet TargetMarket PerformC$18.50
11/6/2023ScotiabankLower TargetOutperformC$24.75 ➝ C$23.00
11/6/2023Royal Bank of CanadaLower TargetOutperform ➝ OutperformC$24.00 ➝ C$22.00
10/24/2023National BanksharesLower TargetOutperformC$22.00 ➝ C$21.00
10/4/2023DesjardinsSet TargetBuyC$24.50
8/4/2023Royal Bank of CanadaLower TargetOutperformC$25.00 ➝ C$24.00
8/3/2023DesjardinsLower TargetBuyC$25.50 ➝ C$24.50
7/18/2023National BanksharesLower TargetC$24.00 ➝ C$22.00
7/5/2023TD SecuritiesLower TargetC$26.00 ➝ C$24.00
5/16/2023ScotiabankLower TargetC$26.00 ➝ C$25.50
2/17/2023TD SecuritiesBoost TargetBuyC$25.00 ➝ C$26.00
2/17/2023CIBCBoost TargetOutperformC$24.00 ➝ C$25.00
2/17/2023ScotiabankLower TargetC$26.25 ➝ C$26.00
1/30/2023National BanksharesBoost TargetOutperformC$23.00 ➝ C$24.00
11/7/2022BMO Capital MarketsLower TargetC$24.75 ➝ C$22.75
10/31/2022ScotiabankLower TargetC$26.50 ➝ C$26.25
10/24/2022National BanksharesLower TargetC$24.00 ➝ C$23.00
10/20/2022TD SecuritiesLower TargetBuyC$25.00 ➝ C$24.00
8/10/2022CIBCLower TargetC$25.00 ➝ C$24.00
8/10/2022National BanksharesBoost TargetOutperformC$23.00 ➝ C$24.00
7/20/2022National BanksharesLower TargetOutperformC$15.00 ➝ C$13.50
6/27/2022CIBCLower TargetC$26.25 ➝ C$25.00
5/12/2022Royal Bank of CanadaLower TargetOutperformC$27.00 ➝ C$26.00
5/12/2022National BanksharesLower TargetOutperformC$27.50 ➝ C$27.00
4/27/2022National BanksharesLower TargetC$28.00 ➝ C$27.50
4/6/2022Canaccord Genuity GroupDowngradeHoldC$26.50
2/25/2022BMO Capital MarketsBoost TargetC$25.75 ➝ C$26.50
2/25/2022National BanksharesBoost TargetOutperformC$27.00 ➝ C$28.00
2/24/2022TD SecuritiesBoost TargetBuyC$27.00 ➝ C$28.00
2/14/2022National BanksharesBoost TargetOutperformC$25.00 ➝ C$27.00
2/11/2022Royal Bank of CanadaUpgradeSector Perform ➝ BuyC$24.00 ➝ C$27.00
2/11/2022BMO Capital MarketsBoost TargetC$25.00 ➝ C$25.75
2/11/2022Canaccord Genuity GroupReiterated RatingBuy
2/11/2022TD SecuritiesBoost TargetBuyC$26.00 ➝ C$27.00
11/12/2021TD SecuritiesBoost TargetBuyC$25.00 ➝ C$26.00
11/12/2021BMO Capital MarketsBoost TargetC$24.00 ➝ C$25.00
10/19/2021ScotiabankSet TargetSector PerformC$25.00
10/18/2021ScotiabankInitiated CoverageBuyC$26.00
8/11/2021Royal Bank of CanadaBoost TargetSector PerformC$24.00
8/6/2021CIBCBoost TargetC$23.00 ➝ C$25.00
7/26/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$21.00 ➝ C$22.58
7/19/2021National BanksharesBoost TargetC$23.00 ➝ C$25.00
6/28/2021TD SecuritiesBoost TargetBuyC$24.00 ➝ C$25.00
5/5/2021National Bank FinancialBoost TargetOutperformC$23.00
5/5/2021BMO Capital MarketsBoost TargetMarket PerformC$18.50 ➝ C$21.00
5/5/2021CIBCBoost TargetC$22.00 ➝ C$23.00
5/5/2021National BanksharesBoost TargetOutperformC$22.00 ➝ C$23.00
5/5/2021TD SecuritiesBoost TargetBuyC$22.00 ➝ C$24.00
5/5/2021Royal Bank of CanadaReiterated RatingSector PerformC$21.00
2/17/2021BMO Capital MarketsReiterated RatingNAC$18.50
2/17/2021National Bank FinancialBoost TargetOutperformC$21.00
12/14/2020BMO Capital MarketsBoost TargetC$17.00 ➝ C$18.00
11/2/2020BMO Capital MarketsLower TargetC$18.50 ➝ C$17.00
10/30/2020TD SecuritiesLower TargetBuyC$20.00 ➝ C$19.00
5/11/2020Royal Bank of CanadaLower TargetSector PerformC$23.00 ➝ C$21.00
5/7/2020National Bank FinancialLower TargetOutperformC$24.00 ➝ C$20.00
5/7/2020Raymond JamesReiterated RatingMarket PerformC$21.00
5/6/2020CIBCLower TargetC$25.00 ➝ C$22.00
5/6/2020TD SecuritiesLower TargetBuyC$22.00 ➝ C$21.00
5/4/2020BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$24.00 ➝ C$18.50
4/22/2020Raymond JamesDowngradeOutperform ➝ Market Perform
4/14/2020National Bank FinancialLower TargetOutperformC$30.00 ➝ C$24.00
4/13/2020Royal Bank of CanadaLower TargetSector PerformC$29.00 ➝ C$23.00
3/30/2020CIBCLower TargetC$30.00 ➝ C$25.00
3/18/2020Raymond JamesLower TargetOutperformC$30.00 ➝ C$21.00
2/24/2020Royal Bank of CanadaBoost TargetSector PerformC$27.50 ➝ C$29.00
2/24/2020Raymond JamesReiterated RatingOutperformC$30.00
2/21/2020CIBCBoost TargetC$29.50 ➝ C$30.00
2/21/2020TD SecuritiesBoost TargetBuyC$30.00 ➝ C$31.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.47 (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
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 8 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 9 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 9 very positive mentions
  • 1 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

Very Positive

RioCan Real Estate Investment Trust logo
RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and 9 development properties.
Read More

Today's Range

Now: C$18.45
Low: C$17.97
High: C$18.54

50 Day Range

MA: C$19.01
Low: C$18.02
High: C$19.94

52 Week Range

Now: C$18.45
Low: C$16.26
High: C$20.83

Volume

2,118,064 shs

Average Volume

809,984 shs

Market Capitalization

C$5.53 billion

P/E Ratio

92.25

Dividend Yield

5.58%

Beta

1.31

Frequently Asked Questions

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

The following sell-side analysts have issued research reports on RioCan Real Estate Investment Trust in the last year: BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, National Bankshares, Inc., Scotiabank, and TD Securities.
View the latest analyst ratings for REI.UN.

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

0 Wall Street analysts have set twelve-month price targets for RioCan Real Estate Investment Trust in the last year. Their average twelve-month price target is C$21.67, suggesting a possible upside of 17.4%. National Bankshares, Inc. has the highest price target set, predicting REI.UN will reach C$23.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$20.50 for RioCan Real Estate Investment Trust in the next year.
View the latest price targets for REI.UN.

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

RioCan Real Estate Investment Trust currently has 1 hold rating and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for REI.UN.

What other companies compete with RioCan Real Estate Investment Trust?

Other companies that are similar to RioCan Real Estate Investment Trust include Choice Properties Real Est Invstmnt Trst, First Capital Real Estate Investment Trust, SmartCentres Real Estate Investment Trst, CT Real Estate Investment Trust and Slate Grocery REIT. Learn More about companies similar to RioCan Real Estate Investment Trust.

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

RioCan Real Estate Investment Trust's physical mailing address is RioCan Yonge Eglinton Centre 2300 Yonge Street, Suite 500, Box 2386, TORONTO, ON M4P 1E4, Canada. The real estate investment trust's listed phone number is +1-416-8663033. The official website for RioCan Real Estate Investment Trust is www.riocan.com. Learn More about contacing RioCan Real Estate Investment Trust investor relations.