National Bank upgrades CT Real Estate Investment Trust stock to Outperform at CAD 18.75
Published on 10/25/2026 at 02:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUpcoming results shape the timeline
- National Bank Financial upgraded CT REIT to Outperform on October 21, 2026.
- The second quarter produced CAD 156.71 million in revenue and CAD 0.45 in earnings per share.
- Market capitalization stood at CAD 4.2 billion on October 23, 2026.
National Bank Financial upgraded CT Real Estate Investment Trust from Sector Perform to Outperform on October 21, 2026, and set a CAD 18.75 price target, according to MarketBeat. The call adds to a recent run of analyst changes as CT Real Estate Investment Trust prepares for its third-quarter report.
Analysts raise their targets
The October 21 report put the new target at CAD 18.75 and described the broader analyst view as Hold, with an average target of CAD 18.25. MarketBeat also reported that six analysts had issued Hold ratings and two had issued Buy ratings on that date.
Raymond James had already upgraded CT Real Estate Investment Trust from Market Perform to Outperform on October 2, 2026, with a CAD 19.25 target, as reported by Markets Insider. The two upgrades leave the higher CAD 19.25 objective above National Bank Financial's CAD 18.75 target.
Three dates track the stock
On August 10, 2026, CT Real Estate Investment Trust reported second-quarter revenue of CAD 156.71 million and earnings per share of CAD 0.45, according to MarketBeat. On October 2, 2026, Raymond James moved its rating to Outperform and set CAD 19.25. On October 21, 2026, National Bank Financial followed with an Outperform rating and a CAD 18.75 target.
What does the target imply?
National Bank Financial's target was linked to 5.51 percent upside from the CAD 17.77 reference price cited in its report. CT REIT's portfolio included 380 primarily Canadian retail properties totaling 32 million square feet, giving the analyst revisions a direct connection to the trust's operating base.
Results arrive November 9
CT Real Estate Investment Trust scheduled the release of third-quarter 2026 results for November 9, 2026, after market close. The conference call is scheduled for November 10, 2026, at 9:00 a.m. ET, providing the next test for the upgraded analyst view.
Market value and the next catalyst
On the Toronto Stock Exchange, CT Real Estate Investment Trust was last at CAD 17.57 on October 23, 2026, at 4:00 p.m. ET. Its market capitalization was CAD 4.2 billion, while the 52-week range stood at CAD 15.66 to CAD 18.95 on that date.
The further course of trading is shown by the continuously updated real-time quote of CT Real Estate Investment Trust stock.
CT Real Estate Investment Trust facts
- Company: CT Real Estate Investment Trust
- ISIN: CA1264621006
- Ticker: CRT.UN
- Primary exchange: Toronto Stock Exchange
- Market capitalization: CAD 4.2 billion (as of October 23, 2026)
- 52-week range: CAD 15.66-18.95 (as of October 23, 2026)
- Sector / Industry: Real estate / Commercial REIT
- Next earnings date: November 9, 2026
Market context: Market report S&P/TSX Composite.
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