WPT Industrial Real Estate Investment (WIR.U) Price Target Cut to C$14.75

WPT Industrial Real Estate Investment (TSE:WIR.U) had its price objective cut by investment analysts at CIBC from C$15.50 to C$14.75 in a research report issued on Wednesday. CIBC’s price objective suggests a potential upside of 12.94% from the company’s previous close.

Separately, National Bank Financial increased their price target on WPT Industrial Real Estate Investment from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 1st.

WIR.U stock opened at C$13.06 on Wednesday. WPT Industrial Real Estate Investment has a fifty-two week low of C$13.02 and a fifty-two week high of C$13.10.

About WPT Industrial Real Estate Investment

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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