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Wall Street Analysts Are Bullish on Top Real Estate Picks

Tipranks - Tue Feb 24, 5:56AM CST

There’s a lot to be optimistic about in the Real Estate sector as 3 analysts just weighed in on Boardwalk REIT (BOWFFResearch Report), Gaming and Leisure (GLPIResearch Report) and RioCan Real Estate Investment (RIOCFResearch Report) with bullish sentiments.

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Boardwalk REIT (BOWFF)

In a report issued on February 20, Jimmy Shan from RBC Capital maintained a Buy rating on Boardwalk REIT, with a price target of C$82.00. The company’s shares closed last Friday at $48.02.

Shan has an average return of 12.1% when recommending Boardwalk REIT. ;'>

According to TipRanks.com, Shan is ranked #1016 out of 12109 analysts.

Currently, the analyst consensus on Boardwalk REIT is a Strong Buy with an average price target of $60.99, implying a 27.0% upside from current levels. In a report issued on February 20, TD Cowen also maintained a Buy rating on the stock with a C$85.00 price target.

See the top stocks recommended by analysts >>

Gaming and Leisure (GLPI)

In a report released today, Brad Heffern from RBC Capital maintained a Buy rating on Gaming and Leisure, with a price target of $54.00. The company’s shares closed last Friday at $47.25.

According to TipRanks.com, Heffern is a 4-star analyst with an average return of 9.2% and a 50.1% success rate. Heffern covers the NA sector, focusing on stocks such as Mid-America Apartment, Extra Space Storage, and Independence Realty. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gaming and Leisure with a $52.65 average price target, a 9.7% upside from current levels. In a report issued on February 12, Barclays also maintained a Buy rating on the stock with a $53.00 price target.

RioCan Real Estate Investment (RIOCF)

RBC Capital analyst Pammi Bir maintained a Buy rating on RioCan Real Estate Investment yesterday and set a price target of C$22.00. The company’s shares closed last Friday at $14.29.

Bir has an average return of 3.3% when recommending RioCan Real Estate Investment. ;'>

According to TipRanks.com, Bir is ranked #1093 out of 12109 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for RioCan Real Estate Investment with a $15.87 average price target, implying an 11.4% upside from current levels. In a report issued on February 19, CIBC also maintained a Buy rating on the stock with a C$22.00 price target.

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