Kurtis Paul Keeney Buys 701 Shares of Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Stock

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Kurtis Paul Keeney acquired 701 shares of the business’s stock in a transaction that occurred on Wednesday, March 26th. The stock was acquired at an average price of C$24.78 per share, for a total transaction of C$17,372.31.

Kurtis Paul Keeney also recently made the following trade(s):

• On Thursday, March 20th, Kurtis Paul Keeney bought 57 shares of Flagship Communities Real Estate Investment Trust stock. The shares were acquired at an average price of C$24.17 per share, with a total value of C$1,377.52.
• On Friday, March 14th, Kurtis Paul Keeney purchased 300 shares of Flagship Communities Real Estate Investment Trust stock. The stock was bought at an average price of C$23.40 per share, for a total transaction of C$7,020.00.

Flagship Communities Real Estate Investment Trust Stock Performance

MHC.UN stock opened at C$24.70 on Friday. Flagship Communities Real Estate Investment Trust has a 1-year low of C$18.00 and a 1-year high of C$24.80. The firm has a market cap of C$349.26 million, a PE ratio of 5.24 and a beta of 0.28. The business’s 50-day moving average price is C$21.73 and its two-hundred day moving average price is C$21.05.

Analysts Set New Price Targets

MHC.UN has been the topic of several analyst reports. Raymond James increased their target price on Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company a “strong-buy” rating in a research note on Friday, March 14th. National Bankshares upped their price target on Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company an “outperform” rating in a research note on Friday, March 14th. Finally, Desjardins lifted their price objective on shares of Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the stock a “buy” rating in a research note on Friday, March 14th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$20.10.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.