TD Securities lowered shares of European Commercial REIT (TSE:ERE – Free Report) from a hold rating to a strong sell rating in a research report sent to investors on Wednesday,Zacks.com reports.
Separately, Canadian Imperial Bank of Commerce downgraded shares of European Commercial REIT from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, European Commercial REIT currently has a consensus rating of “Reduce”.
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