Canada Research Roundup: Granite REIT, Mainstreet Equity, Richelieu Hardware

Canadian Apartment Properties Real Estate Investment Trust

28/06/2021 09:35

June 28 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Granite REIT, Mainstreet Equity and Richelieu Hardware, on Monday.
    
    HIGHLIGHTS    
     * Granite REIT  GRT_u.TO : TD Securities raises target price to C$94 from C$92 
     * Mainstreet Equity Corp  MEQ.TO : TD Securities raises target price to C$105 from C$90 
     * Richelieu Hardware Ltd  RCH.TO : TD Securities initiates coverage with hold rating    
        
Following is a summary of research actions on Canadian companies reported by Reuters on Monday.
Stock entries are in alphabetical order. 
     
     * Alimentation Couche-Tard Inc  ATDb.TO : Desjardins Securities raises PT to C$48 from C$45 
     * Allied Properties REIT  AP_u.TO : TD Securities raises target price to C$51 from C$48 
     * Artis REIT  AX_u.TO : TD Securities raises target price to C$12 from C$11 
     * Automotive Properties REIT  APR_u.TO : TD Securities raises target to C$13.5 from C$13 
     * Boardwalk REIT  BEI_u.TO : TD Securities raises target price to C$52 from C$50 
     * Capreit  CAR_u.TO : TD Securities raises target price to C$70 from C$67 
     * Choice Properties REIT  CHP_u.TO : TD Securities raises target price to C$15.5 from C$15 
     * Cominar REIT  CUF_u.TO : TD Securities raises target price to C$11.5 from C$10.5 
     * Crombie REIT  CRR_u.TO : TD Securities raises target price to C$18 from C$17 
     * CT REIT  CRT_u.TO : TD Securities raises target price to C$17.5 from C$17 
     * Dream Office REIT  D_u.TO : TD Securities raises target price to C$26 from C$25 
     * Dream Unlimited Corp  DRM.TO : TD Securities raises target price to C$31 from C$30 
     * First Capital REIT  FCR_u.TO : TD Securities raises target price to C$22 from C$21 
     * Granite REIT  GRT_u.TO : TD Securities raises target price to C$94 from C$92 
     * H&R REIT  HR_u.TO : TD Securities raises target price to C$18.5 from C$17.5 
     * Interrent REIT  IIP_u.TO : TD Securities raises target price to C$19 from C$18 
     * Killam Apartment REIT  KMP_u.TO : TD Securities raises target price to C$24 from C$23 
     * Mainstreet Equity Corp  MEQ.TO : TD Securities raises target price to C$105 from C$90 
     * Minto Apartment REIT  MI_u.TO : TD Securities raises target price to C$27 from C$26 
     * Morguard North American Residential REIT  MRG_u.TO : TD Securities ups PT to C$19.5 from C$19 
     * Morguard REIT  MRT_u.TO : TD Securities raises target price to C$7 from C$5.5 
     * Richelieu Hardware Ltd  RCH.TO : TD Securities initiates coverage with hold rating
     * Richelieu Hardware Ltd  RCH.TO : TD Securities initiates coverage with target price C$44 
     * Riocan REIT  REI_u.TO : TD Securities raises target price to C$25 from C$24 
     * Slate Office REIT  SOT_u.TO : TD Securities raises target price to C$5.5 from C$4.75 
     * Smartcentres REIT  SRU_u.TO : TD Securities raises target price to C$30 from C$29 
     * Storagevault Canada Inc  SVI.V : TD Securities raises target price to C$5.5 from C$5 
     * Tidewater Midstream and Infrastructure Ltd  TWM.TO : RBC raises PT to C$1.75 from C$1.25 
     * Tricon Residential Inc  TCN.TO : TD Securities raises target price to C$16.5 from C$15.5 
     * WPT Industrial REIT  WIRu.TO : TD Securities raises target price to $20 from $19 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))