The Globe and Mail reports in its Friday, Feb. 13, edition that Desjardins Securities analyst Lorne Kalmar is keeping his "buy" recommendation for Crombie REIT intact. The Globe's David Leeder writes in the Eye On Equities column that Mr. Kalmar boosted his unit target by a loonie to $18. Analysts on average target the shares at $16.25. Mr. Kalmar says in a note: "Throughout 2025, the REIT dutifully executed on both the operational and capital allocation fronts (Express Pulse). We forecast Crombie REIT to deliver FFOPU growth in line with its sponsored peers through 2027 at 3 per cent, while offering a similar leverage profile and benefits from the relationship with its sponsor. However, Crombie REIT trades at a 13-per-cent discount to NAV vs peers at a 1-per-cent premium. We view this gap as unjustified and believe the stock is poised for a rerate." The Globe reported on Feb. 23 and May 10 and that Mr. Kalmar rated Crombie REIT "buy." It was then worth $14.01 and $12.94. The Globe reported on Nov. 18 that RBC Capital analyst Pammi Bir continued to rate Crombie REIT "sector perform." The units could then be had for $15.37.