03:27 PM EST, 11/05/2025 (MT Newswires) -- CT Real Estate Investment Trust's (CRT-UN.TO) third-quarter results were in line with expectations, notes BMO. Price target raised to $16.50, from $16. Market perform rating reiterated.

The REIT's business model continues to leverage the strategic relationship with Canadian Tire (CTC-A.TO) to provide investors with healthy returns on a risk-adjusted basis.

Analyst Michael Markidis' newly extended FFO outlook also calls for 2-3% annual growth through 2027.

"The modest increase to our target (from $16.00 to $16.50) reflects an upward revision to our NAV."

Price: 15.87, Change: +0.07, Percent Change: +0.44