RBC Capital Sticks to Their Buy Rating for RioCan Real Estate Investment (RIOCF)
RBC Capital analyst Pammi Bir maintained a Buy rating on RioCan Real Estate Investment today and set a price target of C$21.00. The company’s shares closed yesterday at $12.80.
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Bir covers the Real Estate sector, focusing on stocks such as Dream Industrl REIT, BTB REIT, and Chartwell Retirement Residences. According to TipRanks, Bir has an average return of 8.9% and a 60.19% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for RioCan Real Estate Investment with a $14.40 average price target, a 12.53% upside from current levels. In a report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a C$19.50 price target.
Based on RioCan Real Estate Investment’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $355.83 million and a GAAP net loss of $84.16 million. In comparison, last year the company earned a revenue of $316.48 million and had a net profit of $128.6 million
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- RioCan REIT price target lowered to C$20 from C$20.50 at Raymond James
- RioCan REIT price target raised to C$20 from C$19 at BMO Capital
- RioCan REIT price target lowered to C$20.25 from C$20.50 at Scotiabank
- RioCan REIT Reports Strong Q2 2025 Results
- RioCan Real Estate Investment: Hold Rating Maintained Amid Strong FFO Growth and Debt Refinancing Challenges
