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European Residential:Stocks Analysts Recently Upgraded on TSX (ERE-UN)

AI-generated - The Globe and Mail - Mon Feb 26, 4:46AM CST

European Residential REIT is among the group of Toronto Stock Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.

This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.

Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.

SymbolNameBuyOut PerformHoldUnder PerformSellNo OpinionMean RatingPrev Mean RatingMean Label
STLCStelco Holdings Inc2130003.83333.5Outperform
CGCenterra Gold Inc6300004.66674.625Buy
LBLaurentian Bank of Canada0051302.22222.125Underperform
ERE-UNEuropean Residential REIT3250003.83.7Outperform

All data provided as of February 22, 2024.

More about European Residential REIT

European Residential REIT is an unincorporated, open-ended real estate investment trust. The company is focused on multi-residential real estate investment trust, with a current initial focus on investing in multi-residential real estate properties in Europe. The REIT owns and operates a portfolio of multi-residential properties, including apartments and townhomes, as well as commercial properties in Europe.

European Residential REIT is listed under ERE-UN on the Toronto Stock Exchange.

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