European Residential Real Estate Investment Trust (TSE:ERE.UN) Trading Up 0.9% - Still a Buy?
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European Residential Real Estate Investment Trust (TSE:ERE.UN) saw its stock price rise by 0.9% to C$1.18, with a trading volume significantly lower than average. Analysts have mixed views, with Scotiabank lowering its price target from C$2.85 to C$1.25 and CIBC downgrading its rating from "outperform" to "neutral." The company reported a quarterly loss of C($0.04) per share and has a market cap of C$109.87 million. Analysts maintain a consensus "Hold" rating with a target price of C$1.52.
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