Peel Hunt reaffirmed their restricted rating on shares of Warehouse REIT (LON:WHR) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.
Other research analysts also recently issued reports about the stock. Royal Bank of Canada lifted their target price on shares of Warehouse REIT to GBX 145 ($1.91) and gave the stock an outperform rating in a research report on Monday, December 16th. Peel Hunt reiterated a buy rating and set a GBX 125 ($1.64) price objective on shares of Warehouse REIT in a research report on Friday, January 24th.
WHR traded down GBX 1.50 ($0.02) during trading on Thursday, reaching GBX 111.50 ($1.47). The company had a trading volume of 254,021 shares, compared to its average volume of 133,427. The firm’s 50-day simple moving average is GBX 115.50 and its 200 day simple moving average is GBX 108.47. The company has a market cap of $267.88 million and a price-to-earnings ratio of 14.67. Warehouse REIT has a 12-month low of GBX 1.08 ($0.01) and a 12-month high of GBX 119 ($1.57). The company has a debt-to-equity ratio of 63.77, a quick ratio of 1.12 and a current ratio of 1.13.
The firm also recently announced a dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, February 27th will be paid a dividend of GBX 1.60 ($0.02) per share. This represents a yield of 1.36%. The ex-dividend date is Thursday, February 27th. This is a boost from Warehouse REIT’s previous dividend of $1.50. Warehouse REIT’s payout ratio is 0.79%.
About Warehouse REIT
Warehouse REIT plc is a real estate investment trust. The firm invests in the real estate markets of United Kingdom. It makes investments in UK urban warehouses. Warehouse REIT Plc was founded in July 24, 2017 and is based in Chester, United Kingdom with an additional office in London, United Kingdom.
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