Shore Capital Reaffirms Buy Rating for Warehouse REIT (LON:WHR)

Warehouse REIT (LON:WHR)‘s stock had its “buy” rating reissued by analysts at Shore Capital in a report released on Tuesday,London Stock Exchange reports.

Warehouse REIT Stock Performance

LON WHR opened at GBX 81.90 ($1.02) on Tuesday. Warehouse REIT has a fifty-two week low of GBX 74.29 ($0.92) and a fifty-two week high of GBX 92.80 ($1.16). The stock’s fifty day moving average is GBX 78.97 and its two-hundred day moving average is GBX 83.90. The firm has a market capitalization of £347.96 million, a P/E ratio of 1,023.75, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91. The company has a debt-to-equity ratio of 55.20, a quick ratio of 0.71 and a current ratio of 5.48.

Warehouse REIT (LON:WHR) last announced its quarterly earnings results on Thursday, November 21st. The company reported GBX 2.90 ($0.04) EPS for the quarter. Warehouse REIT had a return on equity of 6.45% and a net margin of 67.23%. On average, research analysts anticipate that Warehouse REIT will post 5.74454 earnings per share for the current year.

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.