The Globe and Mail reports in its Thursday, Nov. 9, edition that Scotia Capital analyst Himanshu Gupta continues to rate Slate Grocery REIT "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Gupta lowered his unit target by $1.50 (U.S.) to $9.50 (U.S.). Analysts on average target the units at $10.74 (U.S.). Mr. Gupta says in a note: "Post largely in line Q3 results, our target is reduced .... Slate Grocery continues to perform well on the operational front due to a strong leasing environment for grocery-anchored open air centers. However, due to the elevated payout ratio and higher leverage, our target is now based on a small discount to our NAV." The Globe reported on Dec. 20, 2021, that BMO Capital Markets analyst Jenny Ma had boosted Slate Grocery to "outperform" from "market perform." The units were then worth $11.40 (Canadian). The Globe reported on July 5, 2022, that Ms. Ma had downgraded Slate Grocery to "market perform." The units were then going for $13.92 (Canadian). The Globe reported on May 9 that RBC Capital Markets analyst Pammi Bir continued to rank Slate Grocery "sector perform." The units could then be had for $13.06 (Canadian).