TSE:NXR.UN

Nexus Industrial REIT (NXR.UN) Price Target & Analyst Ratings

C$9.04

-0.01 (-0.11%)

(As of 05/19/2023 08:49 PM ET)

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Today's Range: C$9.03
▼
C$9.19
50-Day Range: C$9.00
▼
C$10.15
52-Week Range: C$8.15
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C$11.96

Volume: 53,529 shs
Average Volume: 133,488 shs
Market Capitalization: C$613.91 million

P/E Ratio: 5.02
Dividend Yield: 7.08%
Price Target: C$12.00

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Nexus Industrial REIT Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 6 Analyst Ratings

Consensus Analyst Price Target

C$11.94
32.05% Upside

High Prediction	C$14.00
Average Prediction	C$11.94
Low Prediction	C$11.00

Type	Current 5/22/22 to 5/22/23	1 Month Ago 4/22/22 to 4/22/23	3 Months Ago 2/21/22 to 2/21/23	1 Year Ago 5/22/21 to 5/22/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$11.94	C$12.00	C$12.25	C$15.02
Predicted Upside	32.05% Upside	36.34% Upside	78.57% Upside	618.50% Upside

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NXR.UN Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NXR.UN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Nexus Industrial REIT Stock vs. The Competition

Type	Nexus Industrial REIT	Real Estate Companies
Consensus Rating Score	2.67	2.43
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Negative News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/19/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$12.50 ➝ C$12.00	+31.72%
4/18/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$11.00 ➝ C$11.25	+13.87%
3/20/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$11.50 ➝ C$11.00	+12.94%
3/17/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Himanshu Gupta CFA Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$12.00 ➝ C$11.50	+16.99%
3/16/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	C$11.50 ➝ C$11.00	+13.05%
12/12/2022	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kyle Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	C$12.75	+30.37%
11/16/2022	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$11.75 ➝ C$12.00	+474.16%
8/17/2022	Laurentian Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$15.00 ➝ C$14.00	+569.85%

(Data available from 5/22/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

NXR.UN Price Target - Frequently Asked Questions

What is Nexus Industrial REIT's consensus rating and price target?: According to the issued ratings of 6 analysts in the last year, the consensus rating for Nexus Industrial REIT stock is Moderate Buy based on the current 3 hold ratings, 2 buy ratings and 1 strong buy rating for NXR.UN. The average twelve-month price prediction for Nexus Industrial REIT is C$11.94 with a high price target of C$14.00 and a low price target of C$11.00. Learn more on NXR.UN's analyst rating history.
Do Wall Street analysts like Nexus Industrial REIT more than its competitors?: Analysts like Nexus Industrial REIT more than other Real Estate companies. The consensus rating for Nexus Industrial REIT is Moderate Buy while the average consensus rating for real estate companies is Hold. Learn more on how NXR.UN compares to other companies.
Does Nexus Industrial REIT's stock price have much upside?: According to analysts, Nexus Industrial REIT's stock has a predicted upside of 36.32% based on their 12-month price targets.

What analysts cover Nexus Industrial REIT?: Nexus Industrial REIT has been rated by BMO Capital Markets, National Bankshares, Raymond James, Royal Bank of Canada, and Scotiabank in the past 90 days.

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This page (TSE:NXR.UN) was last updated on 5/22/2023 by MarketBeat.com Staff

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