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Morguard REIT: Stocks Overvalued by Analyst Consensus on TSX (MRT-UN)

AI-generated - The Globe and Mail - Sat Jun 22, 7:40PM CDT

Morguard Real Estate Investment Trust is among the group of overvalued stocks on the Toronto Stock Exchange. This means the consensus value for each stock on this list is below its current price.

This report is generated monthly. It provides the close price and target price for these companies along with the number of analysts covering the stock. Also included is the fiscal year for the target price as sometimes these analyst targets are not for the current or even the next fiscal year. Stocks in this category are generally sold to preserve capital.

There may be a number of reasons why a company would be on this list. Companies with a large analyst following with a difference in price versus target are worth exploring in more detail.

SymbolNameTarget YearClose PriceTarget Price MeanCurrencyTarget Price # Estimates
CTCCanadian Tire Corp Ltd2024218156CAD8
PLCPark Lawn Corp202426.0525.5CAD7
WEEDCanopy Growth Corp20259.397.1CAD5
NRR-UNNorthview Residential REIT202417.2316.5CAD1
MRT-UNMorguard Real Estate Investment Trust20245.335.25CAD2
PTMPlatinum Group Metals Ltd20252.432.25CAD1
FCD-UNFirm Capital Property Trust20244.984.75CAD1

All data provided as of June 21, 2024.

More about Morguard Real Estate Investment Trust

Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It generates maximum revenue from the Retail segment.

Morguard Real Estate Investment Trust is listed under MRT-UN on the Toronto Stock Exchange.

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