This summary was created by AI, based on 3 opinions in the last 12 months.
Morguard Corporation (MRC-T) is a leading North American real estate management company with a diversified portfolio of residential and commercial properties. Experts are optimistic about the company's future prospects, citing factors such as stable interest rates, increasing rental rates, and a growing immigrant population in Canada. They recommend setting a stop loss at $95 and expect the stock to potentially reach $125-150, representing significant upside potential. With a low forward earnings multiple and a portfolio valued at $19 billion, MRC-T appears to be well-positioned for future growth and value creation.
Morguard Corporation is a Canadian stock, trading under the symbol MRC-T on the Toronto Stock Exchange (MRC-CT). It is usually referred to as TSX:MRC or MRC-T
In the last year, 1 stock analyst published opinions about MRC-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Morguard Corporation.
Morguard Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Morguard Corporation.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Morguard Corporation In the last year. It is a trending stock that is worth watching.
On 2024-03-18, Morguard Corporation (MRC-T) stock closed at a price of $113.85.
Our PAST TOP PICK with MRC is progressing well. At this time we recommend trailing up the stop (from $95) to $103 to remain disciplined.