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CI Global REIT Private Pool ETF (CGRE-T)
TSE:CGRE
21.29
0.11
(0.51%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
CI Global REIT Private Pool ETF (CGRE) has garnered positive reviews from Stockchase Research Editor Michael O'Reilly, who emphasizes its strength in global diversification, with 64% of its real estate holdings in the US and the remainder distributed across Canada and internationally. The fund is broadly based, reducing the risk associated with concentrated assets. Currently trading at 1.4 times book value and an average price-to-earnings (PE) ratio of 24, CGRE is recommended as a good buy, particularly as interest rate volatility wanes and potential rate cuts emerge. The anticipated yield of around 4.8% to 5.18% further enhances the investment appeal. Experts advise setting a stop-loss at $17.50, with a price target of $25.00 to $25.50, indicating a potential upside of 18%, making CGRE a compelling option for diversifying portfolios.
We reiterate CGRE, a REIT holding 64% of its real estate holdings in the US (the rest is split between Canada and internationally), as a TOP PICK. We like the global diversification and that its holdings are broadly based. 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 up the stop (from $17.50) to $19.50, looking to achieve $25.50 -- upside potential of 18%. Yield 4.8%
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%
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CI Global REIT Private Pool ETF(CGRE-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
CI Global REIT Private Pool ETF(CGRE-T) Frequently Asked Questions
What is CI Global REIT Private Pool ETF stock symbol?
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
Is CI Global REIT Private Pool ETF a buy or a sell?
In the last year, there was no coverage of CI Global REIT Private Pool ETF published on Stockchase.
Is CI Global REIT Private Pool ETF a good investment or a top pick?
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.
Why is CI Global REIT Private Pool ETF 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 CI Global REIT Private Pool ETF worth watching?
In the last year, there was no coverage of CI Global REIT Private Pool ETF published on Stockchase.
What is CI Global REIT Private Pool ETF stock price?
On 2025-03-13, CI Global REIT Private Pool ETF (CGRE-T) stock closed at a price of $21.29.
