PriceTargets.com logo

Nexus Industrial REIT - EFRTF Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $11.75
  • Forecasted Upside: 68.58%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$6.97 As of 03/30/2023 01:00 AM ET
+0 (0.00%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Nexus Industrial REIT Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for EFRTF and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for EFRTF

Analyst Price Target is $11.75
▲ +68.58% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Nexus Industrial REIT in the last 3 months. The average price target is $11.75, with a high forecast of $13.25 and a low forecast of $11.00. The average price target represents a 68.58% upside from the last price of $6.97.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 4 investment analysts is to buy stock in Nexus Industrial REIT. This Buy 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
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/6/2021
  • 1 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/4/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/4/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/3/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/1/2022
  • 1 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/30/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/30/2023

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/20/2023BMO Capital MarketsLower TargetC$11.50 ➝ C$11.00
3/17/2023ScotiabankLower TargetC$12.00 ➝ C$11.50
3/16/2023Royal Bank of CanadaLower TargetC$11.50 ➝ C$11.00
3/16/2023National Bank FinancialLower TargetC$11.25 ➝ C$11.00
3/16/2023Raymond JamesLower TargetC$13.00 ➝ C$12.50
2/13/2023BMO Capital MarketsInitiated CoverageMarket Perform
1/30/2023National Bank FinancialBoost TargetC$10.75 ➝ C$11.25
1/30/2023ScotiabankInitiated CoverageOutperform
12/12/2022DesjardinsInitiated CoverageBuy
12/9/2022Royal Bank of CanadaLower TargetC$11.75 ➝ C$11.50
12/9/2022Raymond JamesLower TargetC$13.25 ➝ C$13.00
11/17/2022DesjardinsLower TargetC$13.75 ➝ C$13.25
11/17/2022Royal Bank of CanadaLower TargetC$12.25 ➝ C$11.75
11/16/2022Canaccord Genuity GroupBoost TargetC$11.75 ➝ C$12.00
11/16/2022Raymond JamesLower TargetC$14.00 ➝ C$13.25
11/16/2022National Bank FinancialBoost TargetC$9.75 ➝ C$10.75
10/24/2022National Bank FinancialLower TargetC$11.00 ➝ C$9.75
8/15/2022DesjardinsLower TargetC$14.50 ➝ C$13.75
8/15/2022Raymond JamesLower TargetC$14.75 ➝ C$14.00
7/20/2022National Bank FinancialDowngradeOutperform ➝ Sector Perform
5/17/2022DesjardinsLower TargetC$15.25 ➝ C$14.50
5/16/2022Raymond JamesLower TargetC$15.50 ➝ C$14.75
4/27/2022National Bank FinancialBoost TargetC$14.25 ➝ C$15.00
3/18/2022BMO Capital MarketsBoost TargetC$13.80 ➝ C$15.30
3/17/2022Raymond JamesBoost TargetC$14.50 ➝ C$15.50
3/8/2022National BanksharesInitiated CoverageBuy$14.00
3/8/2022National Bank FinancialInitiated CoverageOutperform
2/24/2022Canaccord Genuity GroupInitiated CoverageBuyC$14.00
1/20/2022Raymond JamesUpgradeOutperform ➝ Strong-Buy
11/23/2021BMO Capital MarketsBoost TargetOutperformC$13.25 ➝ C$13.80
10/21/2021DesjardinsBoost TargetBuyC$13.25 ➝ C$14.50
10/20/2021Raymond JamesDowngradeStrong-Buy ➝ Outperform
10/14/2021Raymond JamesBoost TargetStrong-BuyC$13.75 ➝ C$14.00
8/25/2021DesjardinsBoost TargetBuyC$13.00 ➝ C$13.25
8/16/2021DesjardinsBoost TargetBuyC$11.00 ➝ C$13.00
8/16/2021BMO Capital MarketsBoost TargetOutperformC$11.75 ➝ C$13.25
7/9/2021BMO Capital MarketsInitiated CoverageOutperform$11.75
5/18/2021DesjardinsBoost TargetBuyC$8.75 ➝ C$10.25
9/7/2020Echelon Wealth PartnersReiterated RatingBuy$2.10
(Data available from 3/30/2018 forward)

News Sentiment Rating

-0.14 (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
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/1/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/1/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/31/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/30/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/30/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/29/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/28/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
3/30/2023

Current Sentiment

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

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
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: $6.97
Low: $6.97
High: $6.97

50 Day Range

MA: $7.70
Low: $6.97
High: $8.00

52 Week Range

Now: $6.97
Low: $6.02
High: $11.10

Volume

N/A

Average Volume

988 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

7.83%

Beta

N/A

Frequently Asked Questions

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

The following Wall Street sell-side analysts have issued stock ratings on Nexus Industrial REIT in the last twelve months: BMO Capital Markets, Canaccord Genuity Group Inc., Desjardins, National Bank Financial, Raymond James, Royal Bank of Canada, and Scotiabank.
View the latest analyst ratings for EFRTF.

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 $11.75, suggesting a possible upside of 68.6%. Desjardins has the highest price target set, predicting EFRTF will reach $13.25 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $11.00 for Nexus Industrial REIT in the next year.
View the latest price targets for EFRTF.

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

Nexus Industrial REIT currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe EFRTF will outperform the market and that investors should add to their positions of Nexus Industrial REIT.
View the latest ratings for EFRTF.

What other companies compete with Nexus Industrial REIT?

Other companies that are similar to Nexus Industrial REIT include ACRE Realty Investors, Aedifica, alstria office REIT, American Hotel Income Properties REIT and American Spectrum Realty. Learn More about companies similar to Nexus Industrial REIT.