Warehouse REIT (LON:WHR) Stock Rating Reaffirmed by Peel Hunt

Warehouse REIT (LON:WHRGet Rating)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research note issued on Tuesday, LSE.Co.UK reports. They currently have a GBX 185 ($2.33) target price on the stock. Peel Hunt’s price target suggests a potential upside of 10.25% from the company’s current price.

A number of other research analysts have also commented on the stock. Royal Bank of Canada restated a “sector perform” rating and issued a GBX 160 ($2.01) price objective on shares of Warehouse REIT in a research note on Friday, May 13th. Berenberg Bank restated a “buy” rating and issued a GBX 200 ($2.52) price objective on shares of Warehouse REIT in a research note on Thursday, May 5th.

Shares of LON:WHR opened at GBX 167.80 ($2.11) on Tuesday. The company’s fifty day moving average price is GBX 164.85 and its 200 day moving average price is GBX 164.53. Warehouse REIT has a 12 month low of GBX 136.20 ($1.71) and a 12 month high of GBX 178 ($2.24). The company has a debt-to-equity ratio of 42.49, a current ratio of 1.97 and a quick ratio of 1.89. The firm has a market capitalization of £712.92 million and a P/E ratio of 4.06.

About Warehouse REIT (Get Rating)

Warehouse REIT plc owns and manages a diversified portfolio of warehouse real estate assets in UK urban areas. This is a compelling market. The structural rise in e-commerce and investment in 'last-mile' delivery contribute to high tenant demand, while limited vacant space and our active asset management lead to growing rents.

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