Desjardins Raises WPT Industrial REIT (WIR.U) Price Target to C$15.00

WPT Industrial REIT (TSE:WIR.U) had its target price lifted by Desjardins from C$14.50 to C$15.00 in a report released on Monday morning.

A number of other equities research analysts have also commented on WIR.U. CIBC raised their price objective on WPT Industrial REIT from C$14.50 to C$15.00 in a research report on Friday, May 11th. Royal Bank of Canada raised their price objective on WPT Industrial REIT from C$13.50 to C$14.50 and gave the stock a sector perform rating in a research report on Friday, May 11th. BMO Capital Markets raised their price objective on WPT Industrial REIT from C$14.25 to C$14.50 in a research report on Tuesday, March 27th. Scotiabank raised WPT Industrial REIT from a sector perform rating to an outperform rating and raised their price target for the stock from C$13.50 to C$14.50 in a research note on Monday, March 12th. Finally, Canaccord Genuity reaffirmed a buy rating and set a C$14.15 price target on shares of WPT Industrial REIT in a research note on Thursday, April 12th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of C$14.66.

Shares of WPT Industrial REIT opened at C$13.86 on Monday, according to MarketBeat. WPT Industrial REIT has a one year low of C$13.02 and a one year high of C$13.10.

About WPT Industrial REIT

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.

Analyst Recommendations for WPT Industrial REIT (TSE:WIR.U)

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