WPT Industrial Real Estate Investment (TSE:WIR.U) PT Raised to C$15.50 at National Bank Financial

WPT Industrial Real Estate Investment (TSE:WIR.U) had its target price boosted by National Bank Financial from C$15.00 to C$15.50 in a research report sent to investors on Friday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Other analysts also recently issued reports about the stock. Desjardins reduced their target price on shares of WPT Industrial Real Estate Investment from C$15.00 to C$14.75 in a research report on Monday, May 13th. CIBC upped their target price on shares of WPT Industrial Real Estate Investment from C$14.50 to C$14.75 in a research report on Friday. BMO Capital Markets upped their target price on shares of WPT Industrial Real Estate Investment from C$14.25 to C$14.75 in a research report on Tuesday, May 14th. Finally, Royal Bank of Canada upped their target price on shares of WPT Industrial Real Estate Investment from C$14.50 to C$15.00 and gave the stock an outperform rating in a research report on Friday.

TSE:WIR.U opened at C$13.79 on Friday. The stock has a 50-day simple moving average of C$13.71. The stock has a market cap of $614.29 million and a P/E ratio of 14.96. The company has a quick ratio of 0.22, a current ratio of 0.31 and a debt-to-equity ratio of 63.52. WPT Industrial Real Estate Investment has a 1-year low of C$12.10 and a 1-year high of C$14.35.

WPT Industrial Real Estate Investment Company Profile

WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed for the purpose of acquiring, developing, managing and owning primarily industrial investment properties located in the United States, with a particular focus on warehouse and distribution industrial real estate.

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