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European Residential Real Estate Investment Trust - ERE.UN Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$3.58
  • Forecasted Upside: -7.46%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
C$3.87 As of 12/17/2024 10:10 PM ET
▲ +0.26 (7.20%)

This chart shows the closing price for ERE.UN by one month, three months, or twelve months.

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Analyst Price Target for ERE.UN

Analyst Price Target is C$3.58
▼ -7.46% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for European Residential Real Estate Investment Trust in the last 3 months. The average price target is C$3.58, with a high forecast of C$4.25 and a low forecast of C$2.75. The average price target represents a -7.46% upside from the last price of C$3.87.

This chart shows the closing price for ERE.UN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 7 contributing investment analysts is to moderate buy stock in European Residential Real Estate Investment Trust. This rating has held steady since June 2024, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/26/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/24/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/23/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/22/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
6/20/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/18/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/17/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/12/2024TD SecuritiesBoost TargetBuyC$3.75 ➝ C$4.25
11/8/2024Royal Bank of CanadaBoost TargetC$2.50 ➝ C$3.90
9/19/2024Raymond JamesBoost TargetC$3.25 ➝ C$4.00
9/18/2024CIBCLower TargetOutperformC$3.50 ➝ C$3.00
9/18/2024Ventum FinancialBoost TargetBuyC$3.25 ➝ C$4.00
9/18/2024ScotiabankBoost TargetSector PerformC$2.25 ➝ C$3.75
9/4/2024TD SecuritiesBoost TargetBuyC$3.50 ➝ C$3.75
8/8/2024CIBCBoost TargetC$3.00 ➝ C$3.50
8/8/2024TD SecuritiesBoost TargetBuyC$3.25 ➝ C$3.50
7/16/2024Ventum FinancialBoost TargetC$3.00 ➝ C$3.25
7/16/2024Raymond JamesUpgradeMarket Perform ➝ OutperformC$2.75 ➝ C$3.25
5/6/2024ScotiabankDowngradeOutperform ➝ Sector PerformC$3.50 ➝ C$3.00
2/23/2024Echelon Wealth PartnersUpgradeHold ➝ Speculative BuyC$3.30 ➝ C$3.00
2/23/2024Raymond JamesLower TargetMarket PerformC$2.85 ➝ C$2.75
2/23/2024DesjardinsLower TargetHoldC$3.00 ➝ C$2.75
1/8/2024Raymond JamesDowngradeOutperform ➝ Market PerformC$2.75 ➝ C$2.85
11/9/2023CormarkLower TargetC$4.15 ➝ C$4.00
11/8/2023ScotiabankUpgradeSector Perform ➝ OutperformC$4.00 ➝ C$3.50
11/8/2023Royal Bank of CanadaLower TargetSector Perform ➝ Sector PerformC$3.50 ➝ C$3.00
11/8/2023CIBCLower TargetOutperformC$3.75 ➝ C$3.00
10/25/2023Raymond JamesLower TargetC$3.50 ➝ C$2.75
8/4/2023National BanksharesBoost TargetSector PerformC$2.90 ➝ C$3.00
8/4/2023Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$4.25 ➝ C$3.50
8/4/2023TD SecuritiesLower TargetBuyC$4.00 ➝ C$3.75
7/18/2023National BanksharesLower TargetC$3.35 ➝ C$2.90
7/17/2023Raymond JamesLower TargetC$4.00 ➝ C$3.75
7/5/2023TD SecuritiesLower TargetC$4.75 ➝ C$4.00
5/16/2023National BanksharesLower TargetSector PerformC$3.70 ➝ C$3.35
5/16/2023Raymond JamesLower TargetOutperformC$4.25 ➝ C$4.00
3/22/2023CormarkSet TargetBuyC$4.15
2/17/2023CIBCBoost TargetOutperformC$4.25 ➝ C$4.50
2/17/2023Raymond JamesLower TargetC$4.50 ➝ C$4.25
1/30/2023National BanksharesBoost TargetSector PerformC$3.45 ➝ C$3.70
11/9/2022National BanksharesBoost TargetSector PerformC$3.30 ➝ C$3.45
11/9/2022Raymond JamesLower TargetOutperformC$5.00 ➝ C$4.50
11/9/2022Royal Bank of CanadaLower TargetOutperformC$5.25 ➝ C$4.50
11/9/2022CIBCLower TargetC$4.75 ➝ C$4.25
10/24/2022National BanksharesLower TargetC$3.95 ➝ C$3.30
10/20/2022TD SecuritiesLower TargetBuyC$5.50 ➝ C$5.00
9/20/2022Raymond JamesLower TargetOutperformC$5.25 ➝ C$5.00
8/9/2022ScotiabankLower TargetC$5.25 ➝ C$5.00
8/5/2022CIBCLower TargetC$5.35 ➝ C$4.75
8/5/2022Raymond JamesLower TargetOutperformC$5.75 ➝ C$5.25
8/5/2022National BanksharesBoost TargetSector PerformC$3.75 ➝ C$3.95
7/20/2022National BanksharesDowngradeOutperform ➝ Sector PerformC$5.80 ➝ C$3.75
6/27/2022CIBCLower TargetC$6.00 ➝ C$5.35
5/4/2022National BanksharesBoost TargetOutperformC$5.50 ➝ C$5.80
5/4/2022CIBCBoost TargetC$5.75 ➝ C$6.00
5/3/2022Raymond JamesSet TargetOutperformC$5.75
2/23/2022ScotiabankBoost TargetC$5.50 ➝ C$6.00
2/22/2022Royal Bank of CanadaBoost TargetOutperformC$5.75 ➝ C$6.00
2/22/2022National BanksharesBoost TargetOutperformC$5.00 ➝ C$5.60
2/18/2022Raymond JamesReiterated RatingOutperformC$5.25
2/17/2022Echelon Wealth PartnersInitiated CoverageBuyC$5.40
11/8/2021Royal Bank of CanadaBoost TargetOutperformC$5.50 ➝ C$5.75
11/8/2021CIBCBoost TargetOutperformC$5.25 ➝ C$5.50
11/8/2021ScotiabankBoost TargetC$5.00 ➝ C$5.50
11/8/2021National BanksharesBoost TargetOutperformC$5.40 ➝ C$5.75
11/5/2021Raymond JamesSet TargetOutperformC$5.25
10/20/2021National BanksharesLower TargetC$5.55 ➝ C$5.40
9/30/2021Raymond JamesReiterated RatingOutperformC$5.25
8/11/2021Royal Bank of CanadaBoost TargetOutperformC$5.50
8/10/2021Raymond JamesReiterated RatingOutperformC$5.00
7/19/2021National BanksharesLower TargetC$5.25 ➝ C$5.20
7/19/2021National Bank FinancialLower TargetNAC$5.20
5/26/2021Fundamental ResearchLower TargetBuyC$5.00 ➝ C$4.98
5/11/2021Fundamental ResearchBoost TargetBuy ➝ BuyC$4.98 ➝ C$5.00
5/6/2021CIBCLower TargetOutperformC$5.50 ➝ C$5.25
5/6/2021Royal Bank of CanadaLower TargetOutperformC$5.50 ➝ C$5.25
5/5/2021Raymond JamesReiterated RatingOutperformC$5.00
4/12/2021Fundamental ResearchReiterated RatingBuyC$5.00
3/16/2021Fundamental ResearchLower TargetBuyC$4.91 ➝ C$4.25
3/1/2021Fundamental ResearchBoost TargetTop Pick ➝ Top PickC$4.91 ➝ C$5.00
2/25/2021National Bank FinancialBoost TargetOutperformC$5.20 ➝ C$5.35
2/25/2021Raymond JamesSet TargetOutperformC$5.00
12/1/2020Fundamental ResearchInitiated CoverageBuyC$4.91
11/19/2020Fundamental ResearchInitiated CoverageTop Pick ➝ Top PickC$4.91
(Data available from 12/18/2019 forward)

News Sentiment Rating

1.36 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/22/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/21/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/21/2024
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/20/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/19/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/19/2024
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/18/2024
  • 6 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/18/2024

Current Sentiment

  • 6 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

  • No positive mentions tracked during this time.

Very Positive

European Residential Real Estate Investment Trust logo
European Residential Real Estate Investment Trust - ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current initial focus on investing in high-quality multi-residential real estate properties in the Netherlands. ERES owns a portfolio of 137 multi-residential properties, comprised of 5,865 suites and ancillary retail space located in the Netherlands, and owns one office property in Germany and one office property in Belgium. ERES's registered and principal business office is located at 11 Church Street, Suite 401, Toronto, Ontario M5E 1W1.
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Today's Range

Now: C$3.87
Low: C$3.64
High: C$3.98

50 Day Range

MA: C$3.43
Low: C$3.04
High: C$3.87

52 Week Range

Now: C$3.87
Low: C$2.23
High: C$3.98

Volume

1,495,549 shs

Average Volume

157,187 shs

Market Capitalization

C$356.04 million

P/E Ratio

20.37

Dividend Yield

5.63%

Beta

1.28

Frequently Asked Questions

What sell-side analysts currently cover shares of European Residential Real Estate Investment Trust?

The following Wall Street sell-side analysts have issued reports on European Residential Real Estate Investment Trust in the last year: CIBC, Desjardins, Echelon Wealth Partners, Raymond James, Royal Bank of Canada, Scotiabank, TD Securities, and Ventum Financial.
View the latest analyst ratings for ERE.UN.

What is the current price target for European Residential Real Estate Investment Trust?

0 Wall Street analysts have set twelve-month price targets for European Residential Real Estate Investment Trust in the last year. Their average twelve-month price target is C$3.58, suggesting a possible downside of 7.5%. TD Securities has the highest price target set, predicting ERE.UN will reach C$4.25 in the next twelve months. Desjardins has the lowest price target set, forecasting a price of C$2.75 for European Residential Real Estate Investment Trust in the next year.
View the latest price targets for ERE.UN.

What is the current consensus analyst rating for European Residential Real Estate Investment Trust?

European Residential Real Estate Investment Trust currently has 2 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ERE.UN.