NBF Initiates Coverage on WesternOne Equity Income Fund (WEQ.UN)
Equities researchers at NBF assumed coverage on shares of WesternOne Equity Income Fund (TSE:WEQ.UN) in a research report issued on Friday, American Banking News reports. The firm set an “outperform” rating and a C$9.00 price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity cut their price target on shares of WesternOne Equity Income Fund from C$4.50 to C$4.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Cantor Fitzgerald cut their price target on shares of WesternOne Equity Income Fund from C$9.00 to C$8.50 in a research note to investors on Friday, December 20th. They now have a “buy” rating on the stock. Six equities research analysts have rated the stock with a buy rating, WesternOne Equity Income Fund presently has a consensus rating of “Buy” and a consensus target price of C$8.31.
WesternOne Equity Income Fund (TSE:WEQ) is an open-ended, limited-purpose trust.
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