Analyst Price Target is C$27.08
▲ +8.51% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for SmartCentres Real Estate Investment Trst in the last 3 months. The average price target is C$27.08, with a high forecast of C$29.00 and a low forecast of C$24.50. The average price target represents a 8.51% upside from the last price of C$24.96.
Current Consensus is
Hold
The current consensus among 5 investment analysts is to hold stock in SmartCentres Real Estate Investment Trst. This rating has held steady since October 2023, when it changed from a Moderate Buy consensus rating.
SmartCentres is one of Canada's largest real estate investment trusts with total assets of approximately $9.5 billion. It owns and manages 34 million square feet of retail space in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants. In addition, SmartCentres is a joint-venture partner in the Premium Outlets locations in Toronto and Montreal with Simon Property Group. SmartCentres is expanding the breadth of its portfolio to include residential (single-family, condominium and rental), retirement homes, office, and self-storage, either on its large urban properties such as the Vaughan Metropolitan Centre or as an adjunct to its well-located existing shopping centres.
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