WPT Industrial Real Estate Investment (TSE:WIR.U) Receives C$22.81 Average PT from Analysts

WPT Industrial Real Estate Investment (TSE:WIR.U) has been given an average rating of “Hold” by the eight brokerages that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$22.81.

Separately, TD Securities reissued a “tender” rating and set a C$22.00 target price on shares of WPT Industrial Real Estate Investment in a research note on Tuesday, October 12th.

The stock’s 50-day moving average price is C$21.70 and its 200-day moving average price is C$19.95. The company has a debt-to-equity ratio of 82.40, a quick ratio of 0.55 and a current ratio of 0.95. WPT Industrial Real Estate Investment has a 12 month low of C$12.35 and a 12 month high of C$21.93. The stock has a market cap of C$1.84 billion and a price-to-earnings ratio of 4.68.

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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