GMP FirstEnergy Reiterates Their Buy Rating on WPT Industrl REIT US

By Austin Angelo

WPT Industrl REIT US (TSX: WIR.U), the Financial sector company, was revisited by a Wall Street analyst on May 11. Analyst Jimmy Shan from GMP FirstEnergy rated WPT Industrl REIT US (TSX: WIR.U) a Buy on on May 11, setting a C$14 price target.

According to TipRanks.com, Shan is ranked #113 out of 4569 analysts.

Currently, the analyst consensus on WPT Industrl REIT US is Moderate Buy and the average price target is C$13.58, representing a 2.0% upside.

In a report issued on May 10, Desjardins also reiterated a Buy rating on the stock with a C$13.25 price target.

WPT Industrial Real Estate Investment Trust is an open-ended real estate investment company, which owns, manages and operates primarily industrial investment properties located throughout the U.S. The company was founded on March 4, 2013 and is headquartered in Toronto, Canada.

The company’s shares closed on Tuesday at $13.32.