Desjardins reissued their hold rating on shares of Boardwalk Real Estate Investment Trust (TSE:BEI) in a research note issued to investors on Monday, Zacks.com reports. Desjardins also issued estimates for Boardwalk Real Estate Investment Trust’s Q3 2019 earnings at $0.66 EPS, Q4 2019 earnings at $0.62 EPS, FY2019 earnings at $2.47 EPS and FY2020 earnings at $2.63 EPS.

Separately, Echelon Wealth Partners reiterated a buy rating on shares of Boardwalk Real Estate Investment Trust in a report on Friday, February 22nd.

Boardwalk Real Estate Investment Trust has a twelve month low of C$37.96 and a twelve month high of C$49.75.

Boardwalk Real Estate Investment Trust (TSE:BEI) last announced its earnings results on Thursday, February 21st. The company reported C($0.40) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.58 by C($0.98). The company had revenue of C$110.39 million during the quarter.

About Boardwalk Real Estate Investment Trust

Boardwalk Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust (REIT). The Company is focused on the acquisition, refurbishment, management, ownership and development of multi-family residential communities within Canada. The Trust owns over 200 properties containing approximately 33,770 residential units within the Provinces of Alberta, Saskatchewan, Ontario and Quebec, representing over 30 million net rentable square feet.

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