WPT Industrial Real Estate Investment Trust (WIR.U) Gets a Buy Rating from Scotiabank


WPT Industrial Real Estate Investment Trust (WIR.U), the Financial sector company, was revisited by a Wall Street analyst on March 8. Analyst Pammi Bir from Scotiabank remains bullish on the stock and has a C$15 price target.

According to TipRanks.com, Bir is ranked #636 out of 5218 analysts.

Currently, the analyst consensus on WPT Industrial Real Estate Investment Trust is a Strong Buy with an average price target of $14.65, a 7.2% upside from current levels. In a report issued on February 25, CIBC also reiterated a Buy rating on the stock with a $14.50 price target.

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The company has a one-year high of $14.49 and a one-year low of $12.10. Currently, WPT Industrial Real Estate Investment Trust has an average volume of 100.3K.

WPT Industrial Real Estate Investment Trust engages in the acquisition, development, and owning industrial investment properties. It focuses on the warehouse and distribution properties. The company was founded on March 4, 2013 and is headquartered in Toronto, Canada.

The company’s shares closed on Monday at $13.66.

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