BMO Capital Markets Downgrades Boardwalk Real Estate Investment Trust (TSE:BEI) to Hold

Boardwalk Real Estate Investment Trust (TSE:BEIGet Free Report) was downgraded by analysts at BMO Capital Markets from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Separately, Raymond James cut shares of Boardwalk Real Estate Investment Trust from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, September 5th.

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Boardwalk Real Estate Investment Trust Price Performance

Boardwalk Real Estate Investment Trust has a 1-year low of C$37.96 and a 1-year high of C$49.75.

Boardwalk Real Estate Investment Trust Company Profile

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Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.

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