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Nexus Industrial REIT - NXR.UN Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$8.61
  • Forecasted Upside: 21.91%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$7.06 As of 04/26/2024 01:00 AM ET
▲ +0.04 (0.57%)

This chart shows the closing price for NXR.UN by one month, three months, or twelve months.

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Analyst Price Target for NXR.UN

Analyst Price Target is C$8.61
▲ +21.91% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Nexus Industrial REIT in the last 3 months. The average price target is C$8.61, with a high forecast of C$10.00 and a low forecast of C$7.50. The average price target represents a 21.91% upside from the last price of C$7.06.

This chart shows the closing price for NXR.UN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 investment analysts is to hold stock in Nexus Industrial REIT. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/24/2024Raymond JamesLower TargetOutperformC$9.75 ➝ C$9.00
4/24/2024National BanksharesLower TargetSector PerformC$8.50 ➝ C$7.50
4/24/2024TD SecuritiesLower TargetC$8.00 ➝ C$7.50
3/25/2024BMO Capital MarketsLower TargetC$8.50 ➝ C$8.00
3/18/2024Royal Bank of CanadaLower TargetSector PerformC$9.00 ➝ C$8.50
3/15/2024CIBCLower TargetC$10.50 ➝ C$9.75
3/15/2024National BanksharesLower TargetC$8.75 ➝ C$8.50
3/15/2024TD SecuritiesLower TargetHoldC$8.50 ➝ C$8.00
1/29/2024National BanksharesBoost TargetSector PerformC$7.75 ➝ C$8.75
1/22/2024LaurentianSet TargetBuyC$10.00
1/8/2024Raymond JamesBoost TargetOutperformC$9.25 ➝ C$9.75
11/20/2023Royal Bank of CanadaLower TargetSector PerformC$10.50 ➝ C$9.00
11/16/2023National BanksharesLower TargetSector PerformC$7.50 ➝ C$7.00
11/16/2023Raymond JamesBoost TargetOutperformC$8.50 ➝ C$9.25
11/16/2023BMO Capital MarketsLower TargetMarket Perform ➝ Market PerformC$10.00 ➝ C$8.50
10/25/2023Raymond JamesLower TargetC$10.75 ➝ C$8.50
8/16/2023Raymond JamesDowngradeStrong-Buy ➝ OutperformC$12.00 ➝ C$10.75
8/16/2023BMO Capital MarketsLower TargetC$11.00 ➝ C$10.00
8/15/2023Royal Bank of CanadaLower TargetSector PerformC$11.00 ➝ C$10.50
7/18/2023National BanksharesLower TargetC$11.25 ➝ C$9.25
5/19/2023Raymond JamesLower TargetC$12.50 ➝ C$12.00
4/18/2023National BanksharesBoost TargetC$11.00 ➝ C$11.25
3/20/2023BMO Capital MarketsLower TargetC$11.50 ➝ C$11.00
3/17/2023ScotiabankLower TargetC$12.00 ➝ C$11.50
3/16/2023National BanksharesLower TargetSector PerformC$11.25 ➝ C$11.00
3/16/2023Royal Bank of CanadaLower TargetSector PerformC$11.50 ➝ C$11.00
3/16/2023Raymond JamesLower TargetStrong-BuyC$13.00 ➝ C$12.50
2/13/2023BMO Capital MarketsSet TargetMarket PerformC$11.50
1/30/2023National BanksharesBoost TargetSector PerformC$10.75 ➝ C$11.25
1/30/2023ScotiabankInitiated CoverageBuyC$12.00
12/12/2022DesjardinsInitiated CoverageBuyC$12.75
12/9/2022Raymond JamesLower TargetStrong-BuyC$13.25 ➝ C$13.00
12/9/2022Royal Bank of CanadaLower TargetSector PerformC$11.75 ➝ C$11.50
11/17/2022Royal Bank of CanadaLower TargetSector PerformC$12.25 ➝ C$11.75
11/16/2022Canaccord Genuity GroupBoost TargetC$11.75 ➝ C$12.00
11/16/2022National BanksharesBoost TargetSector PerformC$9.75 ➝ C$10.75
11/16/2022Raymond JamesLower TargetStrong-BuyC$14.00 ➝ C$13.25
10/24/2022National BanksharesLower TargetC$11.00 ➝ C$9.75
8/17/2022LaurentianLower TargetC$15.00 ➝ C$14.00
8/16/2022National BanksharesBoost TargetSector PerformC$10.00 ➝ C$11.00
8/15/2022Raymond JamesLower TargetStrong-BuyC$14.75 ➝ C$14.00
7/20/2022National BanksharesDowngradeOutperform ➝ Sector PerformC$15.00 ➝ C$10.00
7/18/2022Royal Bank of CanadaSet TargetSector PerformC$12.25
7/18/2022Royal Bank of CanadaInitiated CoverageHoldC$12.25
5/16/2022Raymond JamesLower TargetStrong-BuyC$15.50 ➝ C$14.75
4/27/2022National BanksharesBoost TargetC$14.25 ➝ C$15.00
3/18/2022BMO Capital MarketsBoost TargetC$13.80 ➝ C$15.30
3/17/2022National BanksharesBoost TargetOutperformC$14.00 ➝ C$14.25
3/17/2022Raymond JamesBoost TargetStrong-BuyC$14.50 ➝ C$15.50
3/8/2022National BanksharesSet TargetOutperformC$11.87
1/20/2022Raymond JamesUpgradeOutperform ➝ Strong-BuyC$14.50
11/23/2021Raymond JamesSet TargetOutperformC$14.50
11/15/2021Raymond JamesSet TargetOutperformC$14.50
10/20/2021Raymond JamesDowngradeStrong-Buy ➝ OutperformC$14.00 ➝ C$14.50
10/13/2021Raymond JamesBoost TargetStrong-BuyC$13.75 ➝ C$14.00
8/24/2021Raymond JamesBoost TargetStrong-BuyC$13.50 ➝ C$13.75
8/16/2021BMO Capital MarketsBoost TargetC$11.75 ➝ C$13.25
8/13/2021Raymond JamesBoost TargetStrong-BuyC$12.00 ➝ C$13.50
7/9/2021BMO Capital MarketsSet TargetOutperformC$11.75
7/7/2021Raymond JamesSet TargetStrong-BuyC$12.00
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.24 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 2 very positive mentions
  • 0 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

  • No positive mentions tracked during this time.

Very Positive

Nexus Industrial REIT logo
Nexus is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership and management of industrial, office and retail properties located in primary and secondary markets in North America. The REIT currently owns a portfolio of 73 properties comprising approximately 4.1 million square feet of rentable area. The REIT has approximately 109,910,000 units issued and outstanding. Additionally, there are Class B LP Units of subsidiary limited partnerships of Nexus REIT issued and outstanding, which are convertible into approximately 25,667,000 REIT Units.
Read More

Today's Range

Now: C$7.06
Low: C$6.99
High: C$7.11

50 Day Range

MA: C$7.55
Low: C$6.99
High: C$8.00

52 Week Range

Now: C$7.06
Low: C$6.08
High: C$9.97

Volume

93,614 shs

Average Volume

148,745 shs

Market Capitalization

C$485.45 million

P/E Ratio

3.03

Dividend Yield

8.40%

Beta

1.45

Frequently Asked Questions

What sell-side analysts currently cover shares of Nexus Industrial REIT?

The following equities research analysts have issued stock ratings on Nexus Industrial REIT in the last year: BMO Capital Markets, CIBC, Laurentian, National Bankshares, Inc., Raymond James, Royal Bank of Canada, and TD Securities.
View the latest analyst ratings for NXR.UN.

What is the current price target for Nexus Industrial REIT?

7 Wall Street analysts have set twelve-month price targets for Nexus Industrial REIT in the last year. Their average twelve-month price target is C$8.61, suggesting a possible upside of 21.9%. Laurentian has the highest price target set, predicting NXR.UN will reach C$10.00 in the next twelve months. National Bankshares, Inc. has the lowest price target set, forecasting a price of C$7.50 for Nexus Industrial REIT in the next year.
View the latest price targets for NXR.UN.

What is the current consensus analyst rating for Nexus Industrial REIT?

Nexus Industrial REIT currently has 4 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NXR.UN, but not buy more shares or sell existing shares.
View the latest ratings for NXR.UN.

What other companies compete with Nexus Industrial REIT?

Other companies that are similar to Nexus Industrial REIT include WPT Industrial Real Estate Investment, Real Brokerage, Morguard North American Residential REIT, Automotive Properties Real Est Invt TR and Slate Retail REIT. Learn More about companies similar to Nexus Industrial REIT.

How do I contact Nexus Industrial REIT's investor relations team?

The company's listed phone number is (403) 817-9496. The official website for Nexus Industrial REIT is www.nexusreit.com. Learn More about contacing Nexus Industrial REIT investor relations.