Risk factor
Negligible price volatility
Profitability factor
Favourable analyst view
About
Mainstreet Equity Corp. focuses on the acquisition, disposition, value enhancement, and active management of multi-family residential properties across Western Canada. The company boasts a significant property portfolio in key regions including Vancouver and the Lower Mainland, Calgary and Southern Alberta, Edmonton, Saskatoon, and Regina. As of September 30, 2021, its total holdings comprised 15,071 revenue-generating units, a diverse collection featuring townhouses, garden apartments, concrete mid and high-rise apartment buildings, condominium suites, and two independent commercial houses. The firm was established in 1997 and operates from its headquarters in Calgary, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of MEQ.TO is 228 and suggests 37% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre