Desjardins Boosts WPT Industrial REIT (WIR.U) Price Target to C$15.00
Several other research analysts have also commented on WIR.U. CIBC raised their price target on WPT Industrial REIT from C$14.50 to C$15.00 in a research report on Friday, May 11th. Royal Bank of Canada raised their price target on WPT Industrial REIT from C$13.50 to C$14.50 and gave the stock a sector perform rating in a research report on Friday, May 11th. BMO Capital Markets raised their price target on WPT Industrial REIT from C$14.25 to C$14.50 in a research report on Tuesday, March 27th. Scotiabank upgraded WPT Industrial REIT 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 report on Monday, March 12th. Finally, Canaccord Genuity reiterated a buy rating and issued a C$14.15 target price on shares of WPT Industrial REIT in a report on Thursday, April 12th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of C$14.66.
WPT Industrial REIT opened at C$13.94 on Monday, according to Marketbeat Ratings. WPT Industrial REIT has a 52 week low of C$13.02 and a 52 week high of C$13.10.
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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