Analyst Ratings Coverage
Slate Office REIT has experienced target price downgrades from multiple financial analysts. Raymond James has downgraded its target to CAD 1, maintaining a “Market Perform” rating on 11/20/2023.
RBC Capital Markets has revised its target down to CAD 1, with a “Sector Perform” rating on the same date. Cormark Securities, in a more bearish outlook, has reduced its target to CAD 0.8, suggesting a “Reduce” stance on 11/20/2023.
Slate Office Stock Analysis
As per the latest analysis incorporating forecasts from 6 analysts, Slate Office REIT is expected to have an average target price of CAD 1.36 over the next 12 months. The consensus among analysts leans towards an Under-perform rating for Slate Office REIT.
Stock Target Advisor’s in-house analysis paints a Neutral picture, considering 5 positive signals and 6 negative signals. This nuanced outlook reflects varying opinions within the market.
At the most recent closing, Slate Office REIT’s stock was priced at CAD 0.94. The stock has seen significant fluctuations, with a decline of -9.62% over the past week, a substantial decrease of -24.19% over the past month, and a notable plunge of -79.43% over the last year.