WPT Industrial Real Estate Investment (TSE:WIR.U) Rating Reiterated by National Bank Financial

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National Bank Financial reaffirmed their outperform rating on shares of WPT Industrial Real Estate Investment (TSE:WIR.U) in a research report sent to investors on Wednesday morning, BayStreet.CA reports. The brokerage currently has a C$16.50 target price on the stock.

Several other research firms also recently commented on WIR.U. Royal Bank of Canada increased their target price on shares of WPT Industrial Real Estate Investment from C$14.50 to C$15.00 and gave the stock an outperform rating in a research report on Friday, August 9th. CIBC increased their target price on shares of WPT Industrial Real Estate Investment from C$14.50 to C$14.75 in a research report on Friday, August 9th. Finally, Canaccord Genuity increased their target price on shares of WPT Industrial Real Estate Investment from C$14.50 to C$14.80 in a research report on Wednesday, September 4th.

WPT Industrial Real Estate Investment stock opened at C$13.70 on Wednesday. The company has a debt-to-equity ratio of 63.52, a current ratio of 0.31 and a quick ratio of 0.22. The company has a market capitalization of $781.96 million and a price-to-earnings ratio of 10.04. WPT Industrial Real Estate Investment has a one year low of C$12.10 and a one year high of C$14.35. The company’s fifty day moving average price is C$13.85 and its two-hundred day moving average price is C$13.77.

About WPT Industrial Real Estate Investment

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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