Investors Real Estate Trust (NYSE:IRET) Updated Price Targets

07/01/2016 – Investors Real Estate Trust had its “hold” rating reiterated by analysts at Wunderlich. They now have a Dollars 9 price target on the stock. The company has a 50-day moving average of $12.67 and a 200-day moving average of $11.79. Below is a list of Ares Commercial Real Estate Corp (NYSE:ACRE) latest ratings and price target changes. Citigroup Inc. raised their price target on shares of Ares Commercial Real Estate Corp. from $12.00 to $14.00 and gave the company a “buy” rating in a research note on Thursday, August 11th.

Allied Properties Real Estate Investment (TSE:AP.UN)’s stock had its “buy” rating restated by research analysts at TD Securities in a research report issued on Thursday. About 209,608 shares traded hands or 33.96% up from the average. The stock’s market capitalization is 1.12B, it has a 52-week low of 13.80 and a 52-week high of 18.25.

Investors Real Estate Trust opened for trading at $6.64 and hit $6.67 on the upside on Wednesday, eventually ending the session at $6.65, with a gain of 0.30% or 0.02 points.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 3rd. Investors of record on Friday, September 30th will be paid a dividend of $0.26 per share. Bank of America Corp. reaffirmed a “buy” rating on shares of Ares Commercial Real Estate Corp.in a research note on Thursday, June 30th. This represents a $1.04 dividend on an annualized basis and a yield of 8.14%. Finally, Robert W. Baird cut shares of Investors Real Estate Trust from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $8.00 to $7.00 in a research note on Thursday, July 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The ratio increased, as 10 funds sold all Ares Commercial Real Estate Corp shares owned while 29 reduced positions. Investors Real Estate Trust presently has a consensus rating of “Buy” and an average price target of $7.69.

04/11/2016 – Apollo Commercial Real Estate Finance was downgraded to “underperform” by analysts at Wells Fargo. They now have a Dollars 18.5 price target on the stock. They now have a United States dollars 19 price target on the stock. The Company’s business consists of owning and operating income-producing real estate properties located primarily in the upper Midwest.

Investors Real Estate Trust is a self-advised equity real estate investment trust (REIT). IRET operates through five segments: multi-family residential; office; healthcare including senior housing; industrial and retail properties.