SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Rating Increased to Strong-Buy at TD Securities

SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) was upgraded by research analysts at TD Securities from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Cibc World Mkts upgraded SmartCentres Real Estate Investment Trust to a “strong-buy” rating in a report on Monday, August 12th.

SmartCentres Real Estate Investment Trust Stock Performance

Shares of CWYUF stock opened at $18.04 on Tuesday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.66. The company has a market cap of $3.21 billion, a PE ratio of 27.33 and a beta of 1.17. The company’s fifty day simple moving average is $18.82 and its 200-day simple moving average is $17.71. SmartCentres Real Estate Investment Trust has a 52 week low of $15.82 and a 52 week high of $20.23.

About SmartCentres Real Estate Investment Trust

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country. SmartCentres has approximately $12.0 billion in assets and owns 35.0 million square feet of income producing value-oriented retail and first-class office properties with 98.5% in place and committed occupancy, on 3,500 acres of owned land across Canada.