WPT Industrial Real Estate Investment (TSE:WIR.U) was upgraded by equities researchers at Scotiabank from a “sector perform” rating to an “outperform” rating in a report released on Monday. The firm currently has a C$14.50 target price on the stock, up from their previous target price of C$13.50. Scotiabank’s price objective would indicate a potential upside of 12.32% from the company’s previous close.
WPT Industrial Real Estate Investment (WIR.U) traded up C$0.01 on Monday, reaching C$12.91. 11,847 shares of the company traded hands. The firm has a market capitalization of $575.09 and a PE ratio of 10.09. WPT Industrial Real Estate Investment has a 1 year low of C$12.90 and a 1 year high of C$12.99.
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WPT Industrial Real Estate Investment Company Profile
WPT Industrial Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is engaged in the business of acquiring and owning industrial investment properties located in the United States. Its objective is to provide Unitholders with an opportunity to invest in a portfolio of institutional-quality industrial properties in the United States markets, with a particular focus on distribution industrial real estate.
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