The Globe and Mail reports in its Tuesday, Nov. 18, edition that RBC Capital analyst Pammi Bir continues rate Crombie REIT "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Bir gave his unit target a 50-cent boost to $16.50. Analysts on average target the units at $16.61. Mr. Bir says in a note: "Post in line Q3 results, we believe Crombie REIT remains well-equipped to handle a low growth economy. Its defensive grocery anchored portfolio should continue to deliver steady low-single-digit percentage organic growth through 2026, underpinned by its long-term leases with Empire (although we do have a suggestion on disclosure). As well, the post-quarter end acquisition provides another example of its ability to leverage its parental ties to drive growth. Combined with a modest growth outlook, we see valuation as well-supported." The Globe reported on Aug. 16, 2023, and Nov. 21, 2023, that Mr. Bir had reaffirmed his "sector perform" recommendation for Crombie REIT. The units could then be had for $13.05 and $12.94. The Globe reported on Sept. 24, 2025, that Raymond James analyst Brad Sturges rated Crombie REIT "strong buy." The units could then be had for $15.03.
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