Warehouse REIT’s (WHR) Hold Rating Reaffirmed at Shore Capital

Shore Capital reissued their hold rating on shares of Warehouse REIT (LON:WHR) in a report issued on Monday morning, Marketbeat reports.

Separately, Jefferies Financial Group reaffirmed a buy rating and set a GBX 108 ($1.37) price target on shares of Warehouse REIT in a research note on Monday.

Warehouse REIT Stock Performance

LON WHR opened at GBX 80.50 ($1.02) on Monday. The business has a 50 day moving average price of GBX 81.40 and a 200 day moving average price of GBX 82.69. The company has a market capitalization of £342.01 million, a P/E ratio of -298.15, a PEG ratio of 1.79 and a beta of 0.88. Warehouse REIT has a 1-year low of GBX 68 ($0.86) and a 1-year high of GBX 93 ($1.18). The company has a debt-to-equity ratio of 55.11, a current ratio of 0.94 and a quick ratio of 0.71.

About Warehouse REIT

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.