Peel Hunt Reiterates “Restricted” Rating for Warehouse REIT (LON:WHR)

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Warehouse REIT (LON:WHR)‘s stock had its “restricted” rating reissued by Peel Hunt in a research note issued to investors on Tuesday, LSE.Co.UK reports.

WHR has been the subject of several other research reports. Peel Hunt restated a “restricted” rating on shares of Warehouse REIT in a report on Tuesday. Royal Bank of Canada dropped their price target on shares of Warehouse REIT to GBX 115 ($1.51) and set an “outperform” rating on the stock in a research report on Monday, May 4th.

LON:WHR traded down GBX 3 ($0.04) during midday trading on Tuesday, hitting GBX 110.50 ($1.45). 343,951 shares of the stock were exchanged, compared to its average volume of 133,427. The company has a market capitalization of $264.28 million and a price-to-earnings ratio of 14.54. The company has a current ratio of 1.13, a quick ratio of 1.12 and a debt-to-equity ratio of 63.77. Warehouse REIT has a one year low of GBX 1.04 ($0.01) and a one year high of GBX 119 ($1.57). The business has a 50-day moving average price of GBX 101.31 and a two-hundred day moving average price of GBX 105.37.

About Warehouse REIT

Warehouse REIT plc is a real estate investment trust. The firm invests in the real estate markets of United Kingdom. It makes investments in UK urban warehouses. Warehouse REIT Plc was founded in July 24, 2017 and is based in Chester, United Kingdom with an additional office in London, United Kingdom.

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