This summary was created by AI, based on 1 opinions in the last 12 months.
The CI Global REIT Private Pool ETF (CGRE-T) holds 64% of its real estate holdings in the US, providing global diversification. It trades at 1.4x book value with an average PE of 24, making it an attractive option for diversifying a portfolio. The space has been under pressure due to interest rate volatility, but with anticipated rate cuts, now might be a good time to enter. The recommended stop-loss is set at $17.50, with an upside potential of 18% and a yield of 5.18%.
CI Global REIT Private Pool ETF is a Canadian stock, trading under the symbol CGRE-T on the Toronto Stock Exchange (CGRE-CT). It is usually referred to as TSX:CGRE or CGRE-T
In the last year, there was no coverage of CI Global REIT Private Pool ETF published on Stockchase.
CI Global REIT Private Pool ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for CI Global REIT Private Pool ETF.
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In the last year, there was no coverage of CI Global REIT Private Pool ETF published on Stockchase.
On 2025-01-17, CI Global REIT Private Pool ETF (CGRE-T) stock closed at a price of $21.09.
CGRE holds 64% of its real estate holdings in the US, the rest is split between Canada and internationally -- adding some global diversification. We like that its holdings are not concentrated in only two-three assets. It trades at 1.4x book value with an average PE of 24. REITs are a good way to diversify your portfolio. The space has been under pressure for a while due to interest rate volatility, but with rate cuts anticipated going forward this is a good time to enter. We recommend setting a stop-loss at $17.50, looking to achieve $25.00 -- upside potential of 18%. Yield 5.18%