The Globe and Mail reports in its Tuesday, Nov. 14, edition that RBC Capital analyst Pammi Bir has reiterated his "sector perform" recommendation for Slate Grocery REIT. The Globe's David Leeder writes in the Eye On Equities column that Mr. Bir shaved his unit target down to $9 (U.S.) from $11 (U.S.). Analysts on average target the shares at $10.04 (U.S.). Mr. Bir says in a note: "We've scaled back our earnings outlook and [share target] on Slate Grocery REIT on the back of results that were modestly below our forecast, along with a more challenging macro setup in a higher for longer rate world. Still, its defensive grocery anchored portfolio remains in stable form, with healthy demand and below market rents that should provide insulation from potentially stronger economic headwinds. On balance, we see valuation as reasonable." The Globe reported on Dec. 20, 2021, and July 5, 2022, that BMO analyst Jenny Ma rated Slate Grocery "outperform" and then "market perform." The units were then worth $11.40 (Canadian) and $13.92 (Canadian). The Globe reported on May 9, 2023, that Mr. Bir continued to rank Slate Grocery "sector perform." The units could then be had for $13.06 (Canadian).