IRISH RESID sees an upgrade to Positive due to a better fundamental star rating
The general evaluation of IRISH RESID (IE), a company active in the Real Estate Investment Trusts industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date December 14, 2021, the closing price was EUR 1.60 and its potential was estimated at EUR 1.73.Irish Residential Properties REIT is a growth-oriented Real Estate Investment Trust ("REIT") that owns 2,378 apartments in Dublin, Ireland. Co. is focused on acquiring, holding, managing, and developing investments primarily focused on residential rental accommodations in Ireland.
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