European Residential Real Estate Investment Trust (TSE:ERE.UN – Get Rating) shares were down 0.3% during trading on Monday . The company traded as low as C$3.33 and last traded at C$3.33. Approximately 11,474 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 77,120 shares. The stock had previously closed at C$3.34.
Analysts Set New Price Targets
A number of research analysts recently commented on ERE.UN shares. Cormark set a C$4.15 target price on European Residential Real Estate Investment Trust and gave the company a “buy” rating in a research note on Wednesday, March
Crossmark Global Holdings Inc. lifted its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Get Rating) by 8.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,887 shares of the real estate investment trust’s stock after purchasing an additional 605 shares during the period. Crossmark Global Holdings Inc.’s holdings in Alexandria Real Estate Equities were worth $1,149,000 at the end of the most recent reporting period.
Investment analysts at StockNews.com initiated coverage on shares of 
