How to print entity reference field (how to list all of the nodes that current node points to) in node.tpl.php [#2478649]

Is there a way to print Entity Reference field in node.tpl.php file?

I'll explain on a simple example. Let's say I have two content types: CMS and Version. I have created CMS node Drupal and Version nodes D6, D7 and D8:

CMS content type: Drupal
Version content type: D6, D7, D8

All of the Version nodes have Entity Reference field with value Drupal.

D6 -> Entity Reference field value: Drupal
D7 -> Entity Reference field value: Drupal
D8 -> Entity Reference field value: Drupal

Now I need to use node--version.tpl.php to output a simple link to node 'Drupal'. I have found various questions on this topic across the web, but surprisingly not a definitive and simple solution. Usual way of printing fields doesn't work:

<?php print $node->field_entityreferencefield['und'][0]['value']; ?>

Is this possible at all?