RAIT Financial Trust (RFT) At $18.85 Forms Bottom; Last Week Pure Industrial Real Estate Trust (TSE:AAR.UN) Coverage

Among 7 analysts covering Pure Industrial Real Estate (TSE:AAR.UN), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Pure Industrial Real Estate had 13 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, March 8 by Desjardins Securities. On Monday, September 19 the stock rating was maintained by Scotia Capital with “Outperform”. RBC Capital Markets maintained Pure Industrial Real Estate Trust (TSE:AAR.UN) on Friday, May 20 with “Sector Perform” rating. Scotia Capital maintained the shares of AAR.UN in report on Tuesday, January 31 with “Outperform” rating. The firm has “Outperform” rating given on Friday, October 14 by IBC. The rating was maintained by BMO Capital Markets with “Outperform” on Wednesday, April 19. See Pure Industrial Real Estate Trust (TSE:AAR.UN) latest ratings:

RAIT Financial Trust (RFT) formed multiple bottom with $17.91 target or 5.00% below today’s $18.85 share price. RAIT Financial Trust (RFT) has $1.75B valuation. The stock increased 0.27% or $0.05 during the last trading session, reaching $18.85. About 3,700 shares traded. RAIT Financial Trust (NYSE:RFT) has risen 9.12% since March 25, 2017 and is uptrending. It has underperformed by 7.58% the S&P500.

Pure Industrial Real Estate Trust is an independent equity real estate investment trust. The company has market cap of $2.47 billion. The firm acquires, owns, and operates a diversified portfolio of income producing industrial properties in primary industrial markets. It has a 7.56 P/E ratio. It invests in the real estate markets of Canada.

The stock decreased 0.12% or $0.01 during the last trading session, reaching $8.07. About 585,637 shares traded. Pure Industrial Real Estate Trust (TSE:AAR.UN) has 0.00% since March 25, 2017 and is . It has underperformed by 16.70% the S&P500.