Bullboard - Stock Discussion Forum European Residential REIT T.ERE.UN

Alternate Symbol(s): EREUF

European Residential REIT is a Canada-based open-ended real estate investment trust. The Company’s objectives are to maintain strong financial management with a conservative approach to its capital structure, leverage and coverage ratios to provide Unitholders with long-term, stable and growing cash distributions and maintain a focus on maximizing occupancy and responsibly growing occupied AMR... see more

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European Residential REIT > analysts

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Post by Possibleidiot01 on Feb 17, 2023 4:24pm

analysts

Mirror images of each other .Funny.

European Residential Real Estate Investment Trust (TSE:ERE.UN) had its price target lowered by analysts at Raymond James from C$4.50 to C$4.25. This represents a 19.0% upside from the current price of C$3.57.
European Residential Real Estate Investment Trust (TSE:ERE.UN) had its price target raised by analysts at CIBC from C$4.25 to C$4.50. They now have an "outperform" rating on the stock. This represents a 26.1% upside from the current price of C$3.57.

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Comment by Mephistopheles3 on Feb 20, 2023 9:12am

Thanks guys, One area that I was disappointed in (unless I made a mistake reading through the annual report) is that the distribution was not increased for 2023, despite the relatively decent results and operating at the bottom end of their payout ratio. This indicates to me that managemnet is apprehensive of the impact of interest rates and being prudent are not increasing ...more

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European Residential REIT