According to Bloomberg.com, the company Boardwalk Real Estate Investment Trust (OTCMKTS: BOWFF) has received a recommendation of “Moderate Buy” as their overall consensus rating for the stock from the ten analysts that cover the company. The number of financial analysts who have recommended that the company buy an asset is two fewer than those who have recommended that the company should hold an asset. Market analysts kept an eye on the stock over the past year, and the average price target they gave for the coming year was $58.50.
Studies on the BOWFF stock have recently been published by several professionals who focus their careers on researching equity markets. In a research report that was published on Thursday, July 21, Canaccord Genuity Group changed its previous recommendation for Boardwalk Real Estate Investment Trust from “hold” to “buy” in a research report that was In a research report that was published on Friday, August 12, Canaccord Genuity Group recommended that investors “buy” shares of Boardwalk Real Estate Investment Trust and increased their price objective for those shares from $51.00 to $54.00. The report also assigned the company a “buy” rating. In a report released on Wednesday, July 20, National Bank Financial reduced its price objective on Boardwalk Real Estate Investment Trust from C$68.50 to C$52.00. Finally, in a report made public on August 22, Desjardins changed its rating for the Boardwalk Real Estate Investment Trust stock from “hold” to “buy,” reflecting the firm’s view that investors should purchase shares of the company. This rating change was reflected in the fact that Desjardins shifted its rating for the Boardwalk Real Estate Investment Trust stock from “hold” to “buy.”
Furthermore, they raised their price target for the stock from 58.00 Canadian dollars to 62.50 Canadian dollars, moving it up from the previous price of 58.00 Canadian dollars. Boardwalk Real Estate Investment Trust was given an “outperform” rating by BMO Capital Markets in a research report published on the 4th of July. Previously, the company had been rated “market perform.” In addition, they established a target price for the stock of $53.00. This was the most recent and significant upgrade.
On Friday, the OTCMKTS BOWFF market opened at $33.60. Trading begins. In addition to the debt-to-equity ratio of 0.74, there is a current ratio of 0.06 and a quick ratio of 0.06. Both of these ratios are identical. The stock has a beta value that is currently at 1.45, a price-to-earnings ratio that is currently at 3.88, and a market value that is currently at $1.54 billion. Boardwalk Real Estate Investment Trust hit an all-time low of $31.78 in the previous year, while the company reached an all-time high of $48.50 during the same period. The company’s stock is currently trading at a moving average of $36.91 for the past fifty days and a moving average of $38.64 for the past 200 days.
Boardwalk Real Estate Investment Trust (OTCMKTS: BOWFF) published its most recent quarterly earnings report on Tuesday, August 9. This day marked the day that the results were made public. The financial services company generated $1.21 per share over the prior three months. In addition, Boardwalk Real Estate Investment Trust had a return on equity of 17.92%, while the company’s net margin came in at 123.28%. The company generated a total revenue of $95.82 million during the period in question.
Boardwalk Real Estate Investment Trust (Boardwalk REIT), which currently owns and manages more than 200 communities that include more than 33,000 residential units and more than 28 million net rentable square feet, has made it its mission to become the community in Canada with the friendliest residents. Boardwalk REIT owns and manages more than 33,000 residential units and more than 28 million net rentable square feet. Boardwalk’s primary mission is to provide its residents with the best communities and exceptional customer service. Boardwalk’s main goal is to meet the needs of its residents. This is in addition to giving its unitholders reliable monthly cash distributions and increasing the value of its trust units through careful acquisitions, sales, development, and management of its multi-family residential properties.
Ronald Kaufman is a veteran analyst and researcher with an expertise in the fields of Pharma, Cyber, FoodTech and Blockchain. He has been published on entrepreneur.com, GuruFocus, Finextra Research and others. He is currently a researcher at the Future Markets Research Tank (FMRT), where he does deep-dive market analysis and research in a number of industries.
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