IREIT Global (UD1U.SI)
IREIT Global which was listed on 13 August 2014, is the first Singapore-listed real estate investment trust with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing real estate in Europe which is or will be primarily used for office, retail, industrial (including logistics and business parks), hospitality, hospitality related and other accommodation and/or lodging purposes, as well as real estate-related assets.
The outlook
IREIT Global currently reads as leaning bearish based on below its 50- & 200-day averages, 3% of the way from its 52-week low to high, avg target +54% vs current price. This is a snapshot of current market data, not a forecast.
What’s behind the score
Analyst price target
~12-month · 2 analystsPublished targets from Wall Street analysts (public data) — what analysts expect over roughly a year. This is not a StockGlow forecast and not a recommendation. Analyst targets are frequently wrong.