Slate Grocery REIT (OTCMKTS:SRRTF) PT reduced to C$11.00

Slate Grocery REIT (OTCMKTS:SRTF – Get a rating) equities research analysts at BMO Capital Markets dropped their price target on the stock from C$11.50 to C$11.00 in a research report on Friday. A fly reports.

Slate Grocery REIT’s stock rose 4.5%

Actions Shares of Slate Grocery REIT opened at $10.76 on Friday. The fifty day simple moving average is $10.26 and the 200 day simple moving average is $11.02. Slate Grocery REIT has a 12-month low of $8.92 and a 12-month high of $13.98.

About Slate Grocery REIT

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Slate Grocery REIT is an owner and operator of grocery properties in the United States. The REIT owns and manages approximately $1.3 billion of critical real estate infrastructure in major U.S. metro markets that communities rely on for their everyday needs. The REIT’s stable grocery-based portfolio and strong credit tenants provide unitholders with solid cash flow and the potential for long-term capital appreciation.

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