Westshore Terminals Income Fund (TSE:WTE) Has Just Had Its Price Objective Decreased by Analysts at RBC Capital Markets to $23.00

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Analysis: Westshore Terminals Income Fund (TSE:WTE) Target Upped Today

In a very recent research note disseminated by RBC Capital Markets on Friday morning, the firm, Westshore Terminals Income Fund (TSE:WTE), had their TP cut to $23.00. Analusts at present have a solid “Outperform” rating on the stock.

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 572,891 shares of stock traded hands or 115.44% 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.

Westshore Terminals Income Fund (TSE:WTE) Has Just Had Its Price Objective Decreased by Analysts at RBC Capital Markets to $23.00

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