Crombie REIT (CRR-UN:CA) — CIBC maintained its Outperform rating with a C$18.00 price target. Crombie owns and develops real estate with a focus on grocery-anchored retail, related industrial properties and mixed-use residential assets. Looking ahead, investors will be watching occupancy, rental growth and development returns. Refinancing costs, construction spending and the balance between growth investment and distributions remain important to the outlook.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.