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

  • Consensus Rating: Buy
  • Consensus Price Target: C$11.97
  • Forecasted Upside: 24.93%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
C$9.58 As of 03/24/2023 01:00 AM ET
▲ +0.07 (0.74%)

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$11.97
▲ +24.93% 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$11.97, with a high forecast of C$14.00 and a low forecast of C$11.00. The average price target represents a 24.93% upside from the last price of C$9.58.

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 Buy

The current consensus among 6 polled investment analysts is to buy stock in Nexus Industrial REIT.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2021
  • 1 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/31/2021
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2022
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2022
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 1 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2022
  • 1 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 3 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
3/16/2023National 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 3/26/2018 forward)

News Sentiment Rating

-0.31 (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
8/28/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 0 very positive mentions
  • 2 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

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: C$9.58
Low: C$9.42
High: C$9.62

50 Day Range

MA: C$10.49
Low: C$9.51
High: C$11.10

52 Week Range

Now: C$9.58
Low: C$8.15
High: C$14.03

Volume

71,282 shs

Average Volume

156,345 shs

Market Capitalization

C$650.58 million

P/E Ratio

5.44

Dividend Yield

6.52%

Beta

1.24

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, Canaccord Genuity Group Inc., Desjardins, Laurentian, National Bankshares, Inc., Raymond James, Royal Bank of Canada, and Scotiabank.
View the latest analyst ratings for NXR.UN.

What is the current price target for Nexus Industrial REIT?

8 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$11.97, suggesting a possible upside of 24.9%. Laurentian has the highest price target set, predicting NXR.UN will reach C$14.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of C$11.00 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 3 hold ratings, 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NXR.UN will outperform the market and that investors should add to their positions of Nexus Industrial REIT.
View the latest ratings for NXR.UN.

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.