
TSE:RIT
This summary was created by AI, based on 3 opinions in the last 12 months.
CI First Asset Canadian REIT ETF (RIT-T) has garnered positive reviews from analysts who recognize its solid structure, holding 88% real estate and 10% healthcare assets. The steady distribution yield of approximately 4.6% to 4.9% is attractive, especially amidst market uncertainties. Analysts note the beta of only 0.5, indicating lower volatility compared to the market, which is a favorable feature during tumultuous times. There is a consensus on maintaining a stop at $16, with a close eye towards an upward target of around $21, indicating significant upside potential of 17% to 18%. Despite potential challenges in the real estate sector due to slower housing starts, the experts seem optimistic about the stock’s performance in the context of an anticipated decline in interest rates.
Billy Kawasaki’s Insights - Picks from 5i Research. It has high quality assets and a strong return history. Although the fund charges higher fees, it is justified considering the good performance record and healthy distribution history. Unlock Premium - Try 5i Free
CI First Asset Canadian REIT ETF is a Canadian stock, trading under the symbol RIT.TO (previously RIT-T on Stockchase) on the Toronto Stock Exchange (RIT-CT). It is usually referred to as TSX:RIT or RIT.TO
In the last year, 4 stock analysts issued a Buy, Sell, or Hold rating on RIT.TO (previously RIT-T on Stockchase). 4 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is PARTIAL BUY. Read the latest stock experts' ratings for CI First Asset Canadian REIT ETF.
CI First Asset Canadian REIT ETF was recommended as a Top Pick by John Hood on 2019-07-19. Read the latest stock experts ratings for CI First Asset Canadian REIT ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for CI First Asset Canadian REIT ETF.
CI First Asset Canadian REIT ETF is followed by 62 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-30, CI First Asset Canadian REIT ETF (RIT.TO) stock closed at a price of $18.33.
Our PAST TOP PICK with RIT is progressing well. To remain disciplined we recommend trailing up the stop (from $16.00) to $17.50 at this time.