Brookfield Canada Office Properties (BOXC) Jumps: Stock Up 5.7%

Zacks Equity Research

Fri, Mar 28, 2014, 2:32 AM

Brookfield Canada Office Properties (BOXC) was a big mover last session, as its shares rose nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down over 1% in the past one-month timeframe.

In the last 30-day frame, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Brookfield Canada currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the real estate industry include Altisource Residential Corporation (RESI), Brookfield Residential Properties Inc. (BRP) and The St. Joe Company (JOE). All three sport a Zacks Rank #1 (Strong Buy).

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BROOKFIELD RESIDENTIAL PROPERTIE (BRP): Free Stock Analysis Report

ALTISOURCE RESIDENTIAL CORP (RESI): Free Stock Analysis Report

ST JOE CO (JOE): Free Stock Analysis Report

OF BROOKFIELD CANADA OFFICE PROP (BOXC): Free Stock Analysis Report

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Brookfield Canada Office Properties (BOXC) Jumps: Stock Up 5.7%

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