WPT Industrial Real Estate Investment (TSE:WIR.U) was upgraded by analysts at Scotiabank from a “sector perform” rating to an “outperform” rating in a note issued to investors on Monday. The brokerage presently has a C$14.50 price target on the stock, up from their previous price target of C$13.50. Scotiabank’s price target indicates a potential upside of 12.32% from the stock’s current price.
Shares of WPT Industrial Real Estate Investment (TSE:WIR.U) traded up C$0.01 on Monday, hitting C$12.91. The stock had a trading volume of 11,847 shares. The stock has a market cap of $575.09 and a PE ratio of 10.09. WPT Industrial Real Estate Investment has a fifty-two week low of C$12.90 and a fifty-two week 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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