Pure Multi-Family REIT (CVE:RUF.U) Price Target Raised to C$7.61

Pure Multi-Family REIT (CVE:RUF.U) had its target price hoisted by Canaccord Genuity from C$7.50 to C$7.61 in a research note released on Friday morning, BayStreet.CA reports.

RUF.U has been the topic of a number of other research reports. National Bank Financial upgraded shares of WSP Global from a sector perform rating to an outperform rating and increased their price target for the company from C$75.00 to C$79.00 in a report on Wednesday, May 15th. BMO Capital Markets reiterated a buy rating on shares of Toronto-Dominion Bank in a report on Friday, May 24th. Raymond James set a C$3.50 price target on shares of StorageVault Canada and gave the company a strong-buy rating in a report on Thursday, May 16th. Finally, Royal Bank of Canada increased their price target on shares of Sleep Country Canada from C$19.00 to C$20.00 and gave the company a sector perform rating in a report on Friday.

Pure Multi-Family REIT has a fifty-two week low of C$7.07 and a fifty-two week high of C$6.43.

About Pure Multi-Family REIT

Pure Multi-Family REIT LP (Pure Multi) is a Canada-based company, which invests in multi-family real estate properties in the United States. The Company offers investors exposure to the United States multifamily real estate assets. It offers investors the ability to participate in monthly distributions, with potential for capital appreciation, stemming from ownership of quality apartment assets located in core cities within the Southwestern and Southeastern portions of the United States, including states, such as Texas, Arizona, Georgia and Nevada (collectively, the Sunbelt).

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