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Choice Properties Real Estate Investment (PPRQF) was downgraded to a Hold Rating at Desjardins

Choice Properties Real Estate Investment (PPRQF) was downgraded to a Hold Rating at Desjardins

Desjardins analyst Lorne Kalmar downgraded Choice Properties Real Estate Investment to a Hold today and set a price target of C$16.00. The company’s shares closed last Friday at $10.78.

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According to TipRanks, Kalmar is an analyst with an average return of -4.8% and a 35.29% success rate. Kalmar covers the Real Estate sector, focusing on stocks such as Choice Properties Real Estate Investment, Storagevault Canada, and Allied Properties Real Estate Investment Trust.

In addition to Desjardins, Choice Properties Real Estate Investment also received a Hold from RBC Capital’s Pammi Bir in a report issued on July 21. However, yesterday, BMO Capital maintained a Buy rating on Choice Properties Real Estate Investment (Other OTC: PPRQF).

The company has a one-year high of $12.38 and a one-year low of $6.90. Currently, Choice Properties Real Estate Investment has an average volume of 50.64K.

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