It May Be the Perfect Time to Sell Westshore Terminals Income Fund (TSE:WTE) Shares as Salman Partners Sees 41.18% Upside

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Westshore Terminals Income Fund (TSE:WTE) Target Price Has Just Been Cut by

Westshore Terminals Income Fund (TSE:WTE)’s target price was lowered by Salman Partners from $28.00 to $18.00 in a recent report revealed to clients on Friday, 11 December. Salman Partners presently has a solid Hold rating on the $964.18M’s company.

From a total of 6 analysts covering Westshore Terminals Investment Corporation (TSE:WTE) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 33% of the ratings are positive. The highest target price is $20.51 while the lowest target price is $10.99. The mean of all analyst targets is $17.03 with a 112.95% above today’s ($12.74) stock price. Westshore Terminals Investment Corporation was the topic of 9 analyst reports since August 10, 2015 according to the firm StockzIntelligence Inc. TD Securities downgraded shares on October 29 to “Reduce” rating.

Approximately 571,891 shares of stock traded hands or 115.06% up from the average. WESTSHORE TERMINALS INVESTMENT CORP (TSE:WTE) has declined 60.99% since May 8, 2015 and is downtrending. It has underperformed by 57.97% the S&P500.

It May Be the Perfect Time to Sell Westshore Terminals Income Fund (TSE:WTE) Shares as Salman Partners Sees 41.18% Upside

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