TSE:RIT
CI First Asset Canadian REIT ETF (RIT-T)
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Technical Analysis
Buy, Sell or Hold?
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Apr 16, 2025, 12:00 amThis summary was created by AI, based on 3 opinions in the last 12 months.
The CI First Asset Canadian REIT ETF, symbol RIT-T, is widely regarded as a strong investment opportunity by several experts. Michael O'Reilly praises its diversified holdings, emphasizing that the REIT trades under book value and boasts an average earnings multiple of 12x. The recent positive rebound after tariff news further reinforces its potential for growth. Given current interest rate volatility, which is anticipated to stabilize, now is a favorable time for investors to consider entering the sector. Experts suggest a stop-loss strategy at $14 while targeting a price of $18 to $19, projecting an upside potential of around 18%. The ETF offers an attractive yield, with figures reported at 5.4% and 5.18% in different reviews.
Premium contentRIT 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%
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
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CI First Asset Canadian REIT ETF(RIT-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
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, 2 stock analysts published opinions about RIT-T. 1 analyst recommended to BUY the stock. 1 analyst 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?
2 stock analysts 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 2025-06-30, CI First Asset Canadian REIT ETF (RIT-T) stock closed at a price of $16.79.
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%