The stock of Schroder European Real Est Invt Tr PLC (LON:SERE) is a huge mover today! The stock decreased 4.29% or GBX 4.75 on November 22, hitting GBX 106. About 225,553 shares traded hands or 182.97% up from the average. Schroder European Real Est Invt Tr PLC (LON:SERE) has risen 12.25% since April 25, 2016 and is uptrending. It has outperformed by 7.69% the S&P500.
The move comes after 9 months positive chart setup for the GBX 141.39M company. It was reported on Nov, 22 by Barchart.com. We have GBX 109.18 PT which if reached, will make LON:SERE worth GBX 4.24 million more.
Another recent and important Schroder European Real Est Invt Tr PLC (LON:SERE) news was published by Bloomberg.com which published an article titled: “Real Estate Investors Seek Shelter for Brexit’s Finance Refugees” on October 24, 2016.
Schroder European Real Estate Investment Trust plc is a United Kingdom closed-ended investment company. The company has a market cap of 141.39 million GBP. The Firm is engaged in property investment in the Continental Europe. It currently has negative earnings. The Company’s objective is to target a dividend yield of 5.5% based on the euro equivalent of the issue price at launch.
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