This summary was created by AI, based on 2 opinions in the last 12 months.
Morguard Corporation (MRC-T) is a leading North American real estate management company that is progressing well, as per the experts. With rental rates up over 10% across the country and a strong quarterly increase in cash reserves, the company is expected to retire debt and buy back shares. The stock is currently recommended as a top pick with a trailing stop at $103 to remain disciplined. Analysts also have a price target of $145.00 for this stock.
Morguard Corporation is a Canadian stock, trading under the symbol MRC-T on the Toronto Stock Exchange (MRC-CT). It is usually referred to as TSX:MRC or MRC-T
In the last year, 1 stock analyst published opinions about MRC-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Morguard Corporation.
Morguard Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Morguard Corporation.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Morguard Corporation In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Morguard Corporation (MRC-T) stock closed at a price of $118.34.
Our PAST TOP PICK with MRC is progressing well. At this time we recommend trailing up the stop (from $95) to $103 to remain disciplined.