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RBC Capital Sticks to Their Buy Rating for InterRent REIT Un (IIP.UN)

RBC Capital Sticks to Their Buy Rating for InterRent REIT Un (IIP.UN)

RBC Capital analyst Jimmy Shan maintained a Buy rating on InterRent REIT Un (IIP.UN – Research Report) on May 16 and set a price target of C$14.50. The company's shares closed last Friday at C$11.64.
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Shan covers the Real Estate sector, focusing on stocks such as Morguard (OTC), Boardwalk REIT, and Nexus Real Estate Investment. According to TipRanks, Shan has an average return of 7.1% and a 64.94% success rate on recommended stocks.
InterRent REIT Un has an analyst consensus of Strong Buy, with a price target consensus of C$12.93, representing an 11.08% upside. In a report released on May 16, Canaccord Genuity also maintained a Buy rating on the stock with a C$13.00 price target.
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