09:18:46 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Globe says new coverage rates GO "outperform"

2025-08-20 08:03 ET - In the News

The Globe and Mail reports in its Wednesday, Aug. 20, edition that BMO Capital Markets analyst Michael Markidis has commenced coverage on GO Residential REIT with an "outperform" recommendation and a $15 unit target (all figures U.S.). The Globe's David Leeder writes in the Eye On Equities column that Mr. Markidis says in a note: "Our positive thesis is based on the high quality of GO's trophy asset base, strong prospects for near-term organic growth, significant insider ownership and deep discount to NAV. Political uncertainty and capital structure (above-average leverage and below-market debt) are two potential risks to our view. We believe the latter is partly mitigated by GO's conservative payout and relatively limited capex profile."

© 2026 Canjex Publishing Ltd. All rights reserved.