Primaris Real Estate Investment Trust (TSE:PMZ) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Primaris Real Estate Investment Trust (TSE:PMZ) have earned an average recommendation of “Buy” from the five research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company.

A number of brokerages have issued reports on PMZ. Canaccord Genuity Group upgraded Primaris Real Estate Investment Trust to a “strong-buy” rating in a research report on Friday, September 27th. National Bank Financial upgraded shares of Primaris Real Estate Investment Trust to a “hold” rating in a research report on Wednesday, October 9th. Finally, Royal Bank of Canada upgraded shares of Primaris Real Estate Investment Trust to a “moderate buy” rating in a research report on Monday, December 2nd.

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were issued a $0.07 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.84 dividend on an annualized basis and a dividend yield of ∞.