European Residential Real Estate Investment Trust (TSE:ERE.UN – Free Report) had its price target boosted by Royal Bank of Canada from C$2.50 to C$3.90 in a report published on Friday,BayStreet.CA reports.
A number of other equities analysts have also issued reports on ERE.UN. Scotiabank raised their price target on European Residential Real Estate Investment Trust from C$2.25 to C$3.75 and gave the stock a “sector perform” rating in a report on Wednesday, September 18th. TD Securities lifted their target price on European Residential Real Estate Investment Trust from C$3.50 to C$3.75 and gave the company a “buy” rating in a research note on Wednesday, September 4th. CIBC cut their price target on European Residential Real Estate Investment Trust from C$3.50 to C$3.00 and set an “outperform” rating for the company in a research note on Wednesday, September 18th. Ventum Financial lifted their price objective on shares of European Residential Real Estate Investment Trust from C$3.25 to C$4.00 and gave the company a “buy” rating in a research report on Wednesday, September 18th. Finally, Raymond James upped their price objective on shares of European Residential Real Estate Investment Trust from C$3.25 to C$4.00 in a research report on Thursday, September 19th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$3.57.
View Our Latest Research Report on European Residential Real Estate Investment Trust
European Residential Real Estate Investment Trust Stock Performance
About European Residential Real Estate Investment Trust
European Residential Real Estate Investment Trust – ERES is an unincorporated, open-ended real estate investment trust. ERES’s REIT units are listed on the TSX under the symbol ERE.UN. ERES is Canada’s only European-focused multi-residential REIT, with a current initial focus on investing in high-quality multi-residential real estate properties in the Netherlands.
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