TSX:BEI.UN - Post Discussion
Post by
retiredcf on Dec 14, 2022 6:41am
Panic-Proof Portfolio
TOP PICK
Boardwalk REIT(BEI.UN-T)
12/12/2022 at 07:00pm
Stockchase Research Editor: Michael O'Reilly This is a play on Alberta's recovery, given the largest holdings in this REIT's portfolio of muli-family units resides there. It trades at 1.2x book value. We like how cash reserves have been growing, while debt has been aggressively repaid. Its yield is backed by a payout ratio under 20% of cash flow. We recommend a stop loss at $44.70, looking to achieve $61 -- upside potential over 19%. Yield 2.1% (Analysts’ price target is $60.57)
Property Mngmnt / Investment
The Panic-Proof Portfolio (Stockchase Research)
$50.650
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