In a report released today, David Chrystal from Echelon Wealth Partners maintained a Buy rating on Nexus Real Estate Investment (EFRTF – Research Report), with a price target of C$13.50. The company’s shares closed last Wednesday at $7.10.
According to TipRanks, Chrystal is ranked #7654 out of 8019 analysts.
Currently, the analyst consensus on Nexus Real Estate Investment is a Moderate Buy with an average price target of $8.89.
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EFRTF market cap is currently $627.8M and has a P/E ratio of 6.04.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EFRTF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Nexus Real Estate Investment Trust is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office and retail properties located in primary and secondary markets in North America.
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