Peel Hunt initiated coverage on shares of Warehouse REIT PLC (LON:WHR) in a research report sent to investors on Wednesday. The brokerage issued a buy rating and a GBX 118 ($1.56) price target on the stock.

Shares of Warehouse REIT PLC (WHR) opened at GBX 0.99 ($0.01) on Wednesday.

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In related news, insider Aimee Pitman acquired 75,000 shares of Warehouse REIT PLC stock in a transaction on Wednesday, September 20th. The shares were bought at an average price of GBX 100 ($1.32) per share, for a total transaction of £75,000 ($98,970.70).

Warehouse REIT PLC Company Profile

Warehouse REIT plc is a United Kingdom-based closed-ended investment company. The Company intends to invest in a diversified portfolio of the United Kingdom located warehouse assets. The Company seeks to hold a diversified portfolio of freehold and long leasehold warehouse assets, including warehouses in the industrial or manufacturing, storage and distribution, trade-counter and retail warehouse sub-sectors.

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