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RioCan Real Estate Investment (RIOCF) Receives a Buy from National Bank

Tipranks - Tipranks - Sat Feb 21, 4:04PM CST

In a report released today, from National Bank maintained a Buy rating on RioCan Real Estate Investment, with a price target of C$22.75.

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In addition to National Bank, RioCan Real Estate Investment also received a Buy from CIBC’s Dean Wilkinson in a report issued yesterday. However, on February 18, Canaccord Genuity maintained a Hold rating on RioCan Real Estate Investment (Other OTC: RIOCF).

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The company has a one-year high of C$20.23 and a one-year low of C$15.46. Currently, RioCan Real Estate Investment has an average volume of 687.7K.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RIOCF in relation to earlier this year.

Read More on RIOCF:

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