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TSE:HCRE
This summary was created by AI, based on 3 opinions in the last 12 months.
Horizons Equal Weight Canada REIT Index ETF (HCRE) has garnered consistent praise from experts, particularly from Stockchase Research Editor Michael O'Reilly, who emphasizes its status as a TOP PICK due to its unique structure as an equal-weighted fund. This ETF is designed to be tax-efficient for non-registered accounts, rolling distributions back into the fund to enhance capital gains rather than providing taxable income. Analysts believe that a positive outlook for the real estate sector, bolstered by lower interest rates, will support the performance of HCRE moving forward. The recommendations for stop-loss levels indicate a prudent approach to risk management while anticipating significant upside potential in the range of 16% to 18%. With no yield reported, HCRE is positioned strategically for investors focusing on capital appreciation in the real estate investment trust (REIT) market.
Horizons Equal Weight Canada Reit Index Etf is a Canadian stock, trading under the symbol HCRE.TO (previously HCRE-T on Stockchase) on the Toronto Stock Exchange (HCRE-CT). It is usually referred to as TSX:HCRE or HCRE.TO
In the last year, 3 stock analysts issued a Buy, Sell, or Hold rating on HCRE.TO (previously HCRE-T on Stockchase). 3 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Horizons Equal Weight Canada Reit Index Etf.
Horizons Equal Weight Canada Reit Index Etf was recommended as a Top Pick by Brooke Thackray on 2019-05-09. Read the latest stock experts ratings for Horizons Equal Weight Canada Reit Index Etf.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Horizons Equal Weight Canada Reit Index Etf.
Horizons Equal Weight Canada Reit Index Etf is followed by 27 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-22, Horizons Equal Weight Canada Reit Index Etf (HCRE.TO) stock closed at a price of $32.46.
We again reiterate HCRE, an equal weighted Canadian REIT by Global X as a TOP PICK. This ETF is tax efficient for non-registered accounts as it rolls distributions into the fund for capital gains instead. We recommend maintaining the stop at $28.00, looking to achieve $37.00 -- upside potential over 16%. Yield 0%