BMO Capital Markets Cuts Slate Office REIT (SOT.UN) Price Target to C$8.00

Slate Office REIT (TSE:SOT.UN) had its price target lowered by BMO Capital Markets from C$8.25 to C$8.00 in a research report sent to investors on Tuesday.

SOT.UN has been the subject of a number of other reports. National Bank Financial dropped their target price on shares of Slate Office REIT from C$8.25 to C$7.75 and set a sector perform rating for the company in a report on Tuesday, April 24th. CIBC dropped their target price on shares of Slate Office REIT from C$8.25 to C$8.00 in a report on Thursday, May 10th.

Slate Office REIT opened at C$7.59 on Tuesday, Marketbeat reports. Slate Office REIT has a 1-year low of C$7.48 and a 1-year high of C$8.42.

Slate Office REIT Company Profile

Slate Office REIT, formerly FAM Real Estate Investment Trust, is a Canada-based open-ended investment trust. The Trust focuses on acquiring, owning and leasing a portfolio of diversified revenue-producing commercial real estate properties in Canada with an emphasis on office properties. The Trust has a portfolio that spans approximately four million square feet (sq.ft.) of gross leasable area (GLA) and consists of over 30 properties located across Canada.

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