CI First Asset Canadian REIT ETF (RIT-T)
TSE:RIT
15.19
0.16
(1.06%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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The CI First Asset Canadian REIT ETF (RIT) holds a diversified portfolio of Canadian real estate assets, which is a positive aspect noted by experts. The company is not overly concentrated in just a couple of properties, providing a level of safety for investors. Current valuation metrics show an average price-to-earnings ratio of 12x, with the ETF trading below its book value, suggesting it may be an attractive investment opportunity. While the REIT sector has faced challenges due to interest rate volatility, anticipated rate cuts could enhance the appeal of this ETF. One expert recommends a stop-loss strategy and sets a target price, indicating potential upside from the current valuation, and highlights a yield of 5.18%, reinforcing its attractiveness for income-focused investors.
RIT holds Canadian real estate assets. We like that its holdings are not concentrated in only two assets. The average PE is 12x and it trades below book value. REITs are a good way to diversify your portfolio. The space has been under pressure for a while due to interest rate volatility, but with rate cuts anticipated going forward this is a good time to enter. We recommend setting a stop-loss at $14, looking to achieve $19 -- upside potential of 18%. Yield 5.18%
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CI First Asset Canadian REIT ETF(RIT-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
CI First Asset Canadian REIT ETF(RIT-T) Frequently Asked Questions
What is CI First Asset Canadian REIT ETF stock symbol?
CI First Asset Canadian REIT ETF is a Canadian stock, trading under the symbol RIT-T on the Toronto Stock Exchange (RIT-CT). It is usually referred to as TSX:RIT or RIT-T
Is CI First Asset Canadian REIT ETF a buy or a sell?
In the last year, 1 stock analyst published opinions about RIT-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 CI First Asset Canadian REIT ETF.
Is CI First Asset Canadian REIT ETF a good investment or a top pick?
CI First Asset Canadian REIT ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for CI First Asset Canadian REIT ETF.
Why is CI First Asset Canadian REIT ETF stock dropping?
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.
Is CI First Asset Canadian REIT ETF worth watching?
1 stock analyst on Stockchase covered CI First Asset Canadian REIT ETF In the last year. It is a trending stock that is worth watching.
What is CI First Asset Canadian REIT ETF stock price?
On 2025-04-15, CI First Asset Canadian REIT ETF (RIT-T) stock closed at a price of $15.19.
As a diversified REIT with holdings averaging 12x earnings and trading under book value, we reiterate RIT as a TOP PICK. It has rebounded well following the negative tariff news. We continue to recommend a stop at $14, looking to achieve $18 -- upside potential of 18%. Yield 5.4%