Pure Multi-Family REIT LP (RUF.U) Receives a Buy from Raymond James

Today, an analyst has provided a rating update for Pure Multi-Family REIT LP (RUF.UResearch Report). Analyst Ken Avalos from Raymond James remains bullish on the stock and has a C$7 price target.

According to TipRanks.com, Avalos is a 5-star analyst with an average return of 11.2% and a 80.3% success rate. Avalos covers the Financial sector, focusing on stocks such as RioCan Real Estate Investment Trust, Artis Real Estate Investment Trust, and Pure Multi-Family REIT LP.

Currently, the analyst consensus on Pure Multi-Family REIT LP is a Moderate Buy with an average price target of $7.

The company’s shares closed on Wednesday at $6.78.

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