JPMorgan Chase & Co. Downgrades Warehouses De Pauw (OTCMKTS:WDPSF) to Neutral

Warehouses De Pauw (OTCMKTS:WDPSF – Get Rating) was downgraded by equities research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Friday, The Fly reports.

Separately, Barclays cut Warehouses De Pauw from an “equal weight” rating to an “underweight” rating in a research report on Friday, September 23rd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, Warehouses De Pauw currently has a consensus rating of “Hold” and a consensus target price of $35.00.

Warehouses De Pauw Price Performance

Shares of OTCMKTS WDPSF opened at $28.00 on Friday. The stock has a 50 day moving average price of $26.34 and a 200 day moving average price of $31.40. Warehouses De Pauw has a 52 week low of $23.52 and a 52 week high of $46.00.

Warehouses De Pauw Company Profile

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WDP develops and invests in logistics property (warehouses and offices). WDP's property portfolio amounts to more than 5 million m². This international portfolio of semi-industrial and logistics buildings is spread over around 250 sites at prime logistics locations for storage and distribution in Belgium, France, the Netherlands, Luxembourg, Germany and Romania.