▼ -5.30% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for WPT Industrial Real Estate Investment in the last 3 months. The average price target is C$16.25, with a high forecast of C$17.00 and a low forecast of C$15.00. The average price target represents a -5.30% upside from the last price of C$17.16.
The current consensus among 3 contributing investment analysts is to buy stock in WPT Industrial Real Estate Investment. This Buy consensus rating has held steady for over two years.
WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed for the purpose of acquiring, developing, managing and owning primarily industrial investment properties located in the United States, with a particular focus on warehouse and distribution industrial real estate. WPT Industrial, LP (the REIT's operating subsidiary) indirectly owns a portfolio of properties consisting of approximately 18.9 million square feet of gross leasable area, comprised of 56 industrial properties and one office property located in 15 states in the United States. The REIT pays monthly cash distributions, currently at $0.0633 per Unit, or approximately $0.76 per Unit on an annualized basis, in US funds.