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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 positive attention from experts, who view it as a strong investment opportunity, particularly for non-registered accounts due to its tax efficiency. The ETF employs an equal weight strategy to diversify its holdings across various Canadian Real Estate Investment Trusts (REITs), resulting in a low Management Expense Ratio (MER). Analysts highlight the ETF's structure, which rolls distributions into the fund as capital gains rather than offering immediate payouts, making it particularly advantageous for long-term capital growth. With recommendations to maintain stop losses between $25.50 and $28.00, experts project upside potential ranging from 16% to 18%, indicating a favorable outlook as lower interest rates are expected to benefit the sector in the future.
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 2026-06-18, Horizons Equal Weight Canada Reit Index Etf (HCRE.TO) stock closed at a price of $32.27.
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%