Analyst Price Target is C$4.44
▲ +36.70% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for European Residential Real Estate Investment Trust in the last 3 months. The average price target is C$4.44, with a high forecast of C$5.00 and a low forecast of C$3.70. The average price target represents a 36.70% upside from the last price of C$3.25.
Current Consensus is
The current consensus among 6 contributing investment analysts is to buy stock in European Residential Real Estate Investment Trust. This Buy consensus rating has held steady for over two years.
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. ERES owns a portfolio of 137 multi-residential properties, comprised of 5,865 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium. ERES's registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1.