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.
Current Consensus is
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.
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.