Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Louis Marie Forbes Purchases 2,000 Shares

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN - Get Free Report) Director Louis Marie Forbes purchased 2,000 shares of the stock in a transaction that occurred on Wednesday, April 24th. The shares were purchased at an average cost of C$15.35 per share, for a total transaction of C$30,700.00.

Flagship Communities Real Estate Investment Trust Trading Down 0.6 %

Flagship Communities Real Estate Investment Trust stock opened at C$20.52 on Friday. The firm has a market capitalization of C$290.15 million and a PE ratio of 4.89. The stock's 50-day moving average price is C$21.69. Flagship Communities Real Estate Investment Trust has a 12-month low of C$19.76 and a 12-month high of C$23.40.

Analyst Upgrades and Downgrades

MHC.UN has been the topic of several recent analyst reports. Desjardins decreased their price objective on shares of Flagship Communities Real Estate Investment Trust from C$21.00 to C$19.50 and set a "buy" rating on the stock in a report on Thursday. Scotiabank reduced their target price on shares of Flagship Communities Real Estate Investment Trust from C$21.50 to C$20.00 and set an "outperform" rating for the company in a research report on Thursday. Raymond James reduced their target price on shares of Flagship Communities Real Estate Investment Trust from C$20.75 to C$19.25 and set a "strong-buy" rating for the company in a research report on Thursday. National Bankshares set a C$19.75 target price on shares of Flagship Communities Real Estate Investment Trust and gave the company an "outperform" rating in a research report on Thursday. Finally, Canaccord Genuity Group set a C$19.00 price objective on shares of Flagship Communities Real Estate Investment Trust and gave the stock a "buy" rating in a research report on Thursday. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Flagship Communities Real Estate Investment Trust currently has an average rating of "Buy" and a consensus target price of C$19.58.

View Our Latest Research Report on Flagship Communities Real Estate Investment Trust

About Flagship Communities Real Estate Investment Trust

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.

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