MORGUARD traded at 122.00 this Thursday July 2nd, decreasing 2.43 or 1.95 percent since the previous trading session. Looking back, over the last four weeks, MORGUARD lost 0.39 percent. Over the last 12 months, its price rose by 4.74 percent. Looking ahead, we forecast MORGUARD to be priced at 119.32 by the end of this quarter and at 111.61 in one year, according to Trading Economics global macro models projections and analysts expectations.
Morguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, own a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and the United States. The Company's multi-suite residential portfolio consists of over 20 Canadian properties and over 30 United States properties. The Company, through its wholly owned subsidiary, Morguard Investments Limited, provides real estate management services to Canadian institutional investors. The Company's services, include acquisitions, development, dispositions, leasing, performance measurement, as well as asset and property management.