Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Morguard Corporation is a prominent real estate enterprise specializing in the acquisition, ownership, and development of various property types, including multi-unit residential complexes, commercial spaces, and hotels, across both Canada and the United States. As of February 25, 2022, its substantial portfolio encompassed 197 properties, featuring 17,752 residential suites, approximately 16.8 million square feet of commercial leasable area (spanning retail, office, and industrial sectors), and 5,058 hotel rooms. Beyond its direct property interests, Morguard provides a comprehensive suite of real estate services. These services include meticulous property and asset management—covering aspects like acquisitions, development, dispositions, leasing, and performance measurement—as well as expert real estate advisory services. The company further offers diverse investment products, such as equity, fixed income, and balanced portfolios, catering to institutional clients and private investors. Morguard Corporation, a subsidiary of Paros Enterprises Limited, maintains its headquarters in Mississauga, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV/E
Target Price
The average target price of MRC.TO is 145 and suggests 19.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc