Warehouse REIT (LON:WHR – Get a rating)The stock had its “sector performance” rating restated by equity researchers at Royal Bank of Canada in a research report released Friday for clients and investors. Market assessments reports. They currently have a target price of GBX 160 ($1.97) on the stock. Royal Bank of Canada’s price target would point to a potential upside of 0.72% from the stock’s previous close.
Separately, Berenberg Bank reissued a “buy” rating and set a price target of 200 GBX ($2.47) on Warehouse REIT shares in a Thursday, May 5 research report.
LON:WHR traded at 2.46 GBX ($0.03) during midday trading on Friday, reaching 158.86 GBX ($1.96). 444,619 shares of the company were traded, compared to its average volume of 1,019,262. Warehouse REIT has a 12-month low of 134.80 GBX ($1.66) and a 12-month high of 178 GBX ($2.19). The company has a market cap of £674.94 million and a price to earnings ratio of 3.79. The company has a debt ratio of 42.49, a current ratio of 1.97 and a quick ratio of 1.89. The company has a 50-day rolling average price of 164.58 GBX and a 200-day rolling average price of 164.67 GBX.
Warehouse REIT Company Profile (Get a rating)
Warehouse REIT plc owns and manages a diversified portfolio of warehouse property assets in UK urban areas. It is an attractive market. The structural rise of e-commerce and investment in ‘last mile’ delivery are contributing to strong tenant demand, while limited vacancies and our active asset management are driving rent increases.
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