Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) Lowered to “Hold” Rating by BMO Capital Markets

BMO Capital Markets lowered shares of Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) from a strong-buy rating to a hold rating in a report published on Wednesday morning,Zacks.com reports.

Boardwalk Real Estate Investment Trust Trading Down 3.3 %

Shares of BOWFF opened at $43.73 on Wednesday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.56. The stock has a market cap of $2.16 billion, a PE ratio of 4.42 and a beta of 1.51. Boardwalk Real Estate Investment Trust has a 1 year low of $43.73 and a 1 year high of $71.39. The stock has a 50 day simple moving average of $51.63 and a 200-day simple moving average of $55.79.

About Boardwalk Real Estate Investment Trust

Boardwalk REIT strives to be Canada’s friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 34,000 residential suites totaling over 29 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always lives.