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The latest update is out from H&R Real Estate ate Staple ( ($TSE:HR.UN) ).
H&R Real Estate Investment Trust has confirmed the formation of a special committee to explore strategic alternatives following unsolicited interest in a potential sale of the REIT or its assets. The committee is considering several non-binding offers but has not made any decisions or agreements. The REIT remains committed to its long-term strategy and will only pursue transactions that align with its best interests.
The most recent analyst rating on ($TSE:HR.UN) stock is a Buy with a C$12.00 price target. To see the full list of analyst forecasts on H&R Real Estate ate Staple stock, see the TSE:HR.UN Stock Forecast page.
Spark’s Take on TSE:HR.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:HR.UN is a Neutral.
H&R Real Estate Staple’s overall score reflects a challenging financial environment balanced by positive technical indicators and corporate events. The stock benefits from a bullish technical setup and strong dividend yield, but financial challenges and mixed earnings outlook weigh on the overall score.
To see Spark’s full report on TSE:HR.UN stock, click here.
More about H&R Real Estate ate Staple
H&R Real Estate Investment Trust is one of Canada’s largest real estate investment trusts, with total assets of approximately $10.5 billion as of March 31, 2025. The company holds ownership interests in a portfolio of high-quality residential, industrial, office, and retail properties across Canada and the U.S., totaling over 25.6 million square feet. H&R’s strategy focuses on creating a growth-oriented business centered on residential and industrial properties, aiming to generate sustainable long-term value for its unitholders. The company plans to divest its office and retail properties as market conditions allow, with a target to become a leading owner, operator, and developer of residential and industrial properties in prime locations within Toronto and high-growth U.S. sunbelt and gateway cities.
Average Trading Volume: 521,844
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.8B
See more data about HR.UN stock on TipRanks’ Stock Analysis page.