Professional
Added to YB: 2025-12-12
Pitch date: 2025-12-10
HR-UN.TO [bullish]
H&R Real Estate Investment Trust
+16.05%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
H&R Real Estate Investment Trust is one of Canada's largest real estate investment trusts. H&R REIT has ownership interests in a Canadian and U.
Market Cap
CAD 2.9B
Pitch Price
CAD 9.65
Price Target
15.00 (+34%)
Dividend
5.40%
EV/EBITDA
N/A
P/E
-3.77
EV/Sales
6.50
Sector
Diversified REITs
Category
value
Dog-be-gone: 4 stocks NCP expects to recover in 2025 - H&R Real Estate Investment Trust
HR-UN.TO: 83% residential/industrial REIT trades 8.1% implied cap rate, 45% NAV discount post-strategic review. Sold difficult retail/office assets, kept best-in-class sub-10yr residential + quality industrial. $15 price target (12mo) assuming 5% res/6% industrial cap rates via asset sales or spin. Risk: execution failure.
Read full article (2 min)