Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Pennsylvania Real Estate Investment Trust (NYSE:PEI). The REIT is the largest real estate investment trust listed on the TSX focused exclusively on the United States multifamily sector. They presently have a $50.00 target price on the stock, down from their prior target price of $55.00.
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Pennsylvania Real Estate Investment Trust was upgraded to “outperform” by analysts at Boenning & Scattergood.
04/05/2016 – Mistubishi UFJ began new coverage on Pennsylvania Real Estate Investment Trust giving the company a “overweight” rating. It implies if stock price makes a movement of over $-1.97, it will record a new 52-week high.
03/07/2016 – Pennsylvania Real Estate Investment Trust had its “underweight” rating reiterated by analysts at Barclays. For Pennsylvania Real Estate Invest, the PEG ratio for coming 3-5 years is 2.56.
Parkway Properties Inc NYSE:PKY has a 50 day moving average of 17.25 Dollars and the 200 Day Moving Average price is recorded at 15.90 USD.
Equities researchers at JPMorgan Chase & Co. raised the target price of Alexandria Real Estate Equities Inc. The stock’s market capitalization is 1.65B, it has a 52-week low of 16.42 and a 52-week high of 25.67.
Allied Properties Real Estate Investment Trust is a Canada-based closed-end real estate investment trust (REIT). The Trust is focused on the acquisition, refurbishment, management and ownership, and where deemed appropriate the development, of multi-family residential communities within Canada.
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About The Milestone Group, LLC The Milestone Group is a privately-held real estate investment management company with expertise and presence in major metropolitan markets throughout the United States. These operating properties and development projects include over 10 properties under real estate joint venture arrangements, and of which approximately eight properties are held by consolidated real estate joint ventures and over three properties are held by unconsolidated real estate joint ventures.
