CIBC analyst Dean Wilkinson maintained a Hold rating on Artis Real Estate Investment (OTC:ARESF) on Tuesday, setting a price target of C$12.5, which is approximately 6.46% above the present share price of $9.49.
Wilkinson expects Artis Real Estate Investment to post earnings per share (EPS) of $0.50 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Artis Real Estate Investment, with an average price target of $9.83.
The analysts price targets range from a high of $10.5 to a low of $8.89.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $120.88 million and a net profit of $60.68 million. The company's market cap is $1.24 billion.
According to TipRanks.com, CIBC analyst Dean Wilkinson is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.0% and a 67.66% success rate.
Artis Real Estate Investment Trust engages in the investing in office, retail, and industrial properties. It focuses on creating value for unit holders through the ownership of commercial properties in select markets. The company was founded by Cornelius W. Martens on November 8, 2004 and is headquartered in Winnipeg, Canada.