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European Residential REIT (ERE.UN-T)
TSE:ERE.UN
2.42
0.03
(1.26%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 4 opinions in the last 12 months.
European Residential REIT, trading under the symbol ERE.UN-T, is currently viewed by experts as a company with significant potential, despite recent challenges. The firm is in a phase of liquidating assets, having already sold off about half of its portfolio, which has led to an increase in its perceived value among analysts. Although affected by high-interest rates and struggles to gain scale, expert opinions highlight the company's fundamentals as strong and point to the undervaluing present in the market. The ongoing strategic review and the potential for monetizing remaining assets suggest that investors could see returns that exceed the current trading price, which is under $2.50, while assets may be worth closer to $3. Hence, the general sentiment leans towards holding or buying more shares, as the company navigates towards eventual liquidation or recapitalization.
$2.400
Unknown
Undervalued, great fundamentals. Going through strategic alternatives. A buy and hold strategy will reward you; either from selling off properties one by one, or by closing the gap between public and private market value. In the future, the company won't exist and you'll get back your capital, likely at a premium to where trading today.
It's had a tough time gaining scale, further hampered by high interest rates. They tried a strategic review, but didn't attract buyer interest. In the past month, they sold half their portfolio for 750 million Euros, which crystallized value and increased analyst views of ERE. They are intent on monetizing assets, and the stock price has a good margin of safety.
In Netherlands, multi-family and townhomes. Controlled by CAR.UN. Compelling intrinsic value. Went through strategic review, board not happy with offers. He thinks it will ultimately be sold. Selling off units at a premium to residents to realize value.
Dealing with higher interest rates. Rental markets are still strong with condos, but higher interest still eats into your cashflow. Underlying apartments are still performing well, income grows close to 10% on new rentals. Interest and mortgage expenses will increase over next 2 years, so income will be flat. Distribution safe, but won't grow.
Very favourable. Operating effectively, solid operating team. Trades at over 25% discount to NAV. Pursuing strategic alternative since June, and he's hopeful that value will be unlocked.
Netherlands has a housing shortage and is densely populated. Top-down, it's quite attractive. Great assets. 20% discount to NAV. Rent control legislation has brought clarity, European economic concerns have passed. Wouldn't be surprised if CAR.UN sold it off.
(A Top Pick Jun 25/20, Up 9.44%) Thinks highly of strategy. Apartments in Europe, but listed on TSX. Positive growth, but trades lower than pre-pandemic. Upside is north of $5. Sponsored by CAR.UN, lots of tailwinds, sees cashflow and NAV growth.
European Residential REIT(ERE.UN-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 4
European Residential REIT(ERE.UN-T) Frequently Asked Questions
What is European Residential REIT stock symbol?
European Residential REIT is a Canadian stock, trading under the symbol ERE.UN-T on the Toronto Stock Exchange (ERE.UN-CT). It is usually referred to as TSX:ERE.UN or ERE.UN-T
Is European Residential REIT a buy or a sell?
In the last year, 4 stock analysts published opinions about ERE.UN-T. 2 analysts 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 European Residential REIT.
Is European Residential REIT a good investment or a top pick?
European Residential REIT was recommended as a Top Pick by on . Read the latest stock experts ratings for European Residential REIT.
Why is European Residential REIT stock dropping?
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.
Is European Residential REIT worth watching?
4 stock analysts on Stockchase covered European Residential REIT In the last year. It is a trending stock that is worth watching.
What is European Residential REIT stock price?
On 2025-02-04, European Residential REIT (ERE.UN-T) stock closed at a price of $2.42.
Doing the right things, but public market is not rewarding it. Selling assets piecemeal until the REIT is liquidated, now about 50%, and distributed income to investors. Hold on, still lots of value. Could buy comfortably here as it's trading below $2.50 per share, but assets arguably are worth $3.