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CI First Asset Canadian REIT ETF (RIT-T)
TSE:RIT
15.68
0.15
(0.95%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
CI First Asset Canadian REIT ETF (RIT-T) is viewed positively by experts for its diversified holdings in Canadian real estate assets, which reduces dependency on a limited number of properties. The average price-to-earnings (PE) ratio of 12x, combined with its trading below book value, suggests potential value for investors. Although the REIT sector has faced challenges due to interest rate fluctuations, anticipated rate cuts present a promising entry point for new investors. The current yield of 5.18% adds to its attractiveness, with recommendations to set a stop-loss at $14 for potential upside of around 18%. While one expert warns against passive investing in REITs, stating a preference for actively managed options like RIT, the overall sentiment remains positive regarding its investment potential.
$15.620
Unknown
He doesn't like passive investing in REITs, because an ETF REIT can hold laggards like office REITs. He prefers an actively managed one like RIT.
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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 2025-02-27, CI First Asset Canadian REIT ETF (RIT-T) stock closed at a price of $15.68.
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%