WPT Industrial Real Estate Investment (TSE:WIR.U) had its target price lowered by analysts at National Bank Financial from C$15.00 to C$14.50 in a research note issued to investors on Tuesday. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 11.37% from the stock’s previous close.
Separately, Scotiabank raised shares of WPT Industrial Real Estate Investment from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$13.50 to C$14.50 in a research note on Monday, March 12th.
Shares of WPT Industrial Real Estate Investment (WIR.U) traded down C$0.08 during trading hours on Tuesday, hitting C$13.02. 7,770 shares of the company’s stock were exchanged. The firm has a market cap of $579.99 and a price-to-earnings ratio of 9.17. WPT Industrial Real Estate Investment has a 52 week low of C$13.02 and a 52 week high of C$13.10.
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WPT Industrial Real Estate Investment Company Profile
WPT Industrial Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is engaged in the business of acquiring and owning industrial investment properties located in the United States. Its objective is to provide Unitholders with an opportunity to invest in a portfolio of institutional-quality industrial properties in the United States markets, with a particular focus on distribution industrial real estate.
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