Pacific Industrial & Logistics REIT Plc (LON:PILR)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity in a research report issued on Monday. They presently have a GBX 135 ($1.78) price target on the stock. Canaccord Genuity’s target price points to a potential upside of 9.31% from the stock’s previous close.

Shares of Pacific Industrial & Logistics REIT Plc (LON:PILR) traded up GBX 122.26 ($1.61) during mid-day trading on Monday, reaching GBX 123.50 ($1.62). 4,996 shares of the company’s stock were exchanged, compared to its average volume of 73,767. Pacific Industrial & Logistics REIT Plc has a twelve month low of GBX 100 ($1.32) and a twelve month high of GBX 126 ($1.66).

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About Pacific Industrial & Logistics REIT Plc

Pacific Industrial & Logistics REIT plc is a United Kingdom-based property investment company. The Company is principally engaged in the business of property asset management across the United Kingdom. The Company invests in the United Kingdom based industrial and logistics properties with a view to delivering dividends and capital returns to its shareholders.

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