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RioCan Real Estate Investment (RIOCF) Receives a Buy from CIBC

Tipranks - Tipranks - Thu May 8, 2025

In a report released today, Dean Wilkinson from CIBC maintained a Buy rating on RioCan Real Estate Investment (RIOCF – Research Report), with a price target of C$20.00.

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According to TipRanks, Wilkinson is a 5-star analyst with an average return of 12.0% and a 64.52% success rate.

In addition to CIBC, RioCan Real Estate Investment also received a Buy from BMO Capital’s Michael Markidis in a report issued today. However, on the same day, Scotiabank maintained a Hold rating on RioCan Real Estate Investment (Other OTC: RIOCF).

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RIOCF market cap is currently $3.67B and has a P/E ratio of 19.34.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RIOCF in relation to earlier this year.

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