Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Buys C$12,129.37 in Stock

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Kurtis Paul Keeney purchased 492 shares of the company’s stock in a transaction that occurred on Friday, March 28th. The shares were acquired at an average cost of C$24.65 per share, with a total value of C$12,129.37.

Kurtis Paul Keeney also recently made the following trade(s):

• On Wednesday, March 26th, Kurtis Paul Keeney bought 701 shares of Flagship Communities Real Estate Investment Trust stock. The shares were acquired at an average price of C$24.78 per share, for a total transaction of C$17,372.31.
• On Thursday, March 20th, Kurtis Paul Keeney purchased 57 shares of Flagship Communities Real Estate Investment Trust stock. The stock was acquired at an average cost of C$24.17 per share, with a total value of C$1,377.52.
• On Friday, March 14th, Kurtis Paul Keeney acquired 300 shares of Flagship Communities Real Estate Investment Trust stock. The shares were bought at an average cost of C$23.40 per share, for a total transaction of C$7,020.00.

Flagship Communities Real Estate Investment Trust Stock Performance

MHC.UN opened at C$24.15 on Thursday. The company has a fifty day moving average price of C$22.02 and a two-hundred day moving average price of C$21.15. The firm has a market capitalization of C$341.48 million, a PE ratio of 5.13 and a beta of 0.28. Flagship Communities Real Estate Investment Trust has a 52 week low of C$18.00 and a 52 week high of C$24.95.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on MHC.UN shares. Raymond James upped their target price on shares of Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the stock a “strong-buy” rating in a research report on Friday, March 14th. Desjardins increased their price objective on Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the company a “buy” rating in a research report on Friday, March 14th. Finally, National Bankshares boosted their target price on Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Friday, March 14th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$20.10.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.