Analysis: Westshore Terminals Income Fund (TSE:WTE) Stock Target Has Just Been Increased Today
In recent note shared with investors by Scotia Capital on Friday, 11 December, the firm, Westshore Terminals Income Fund (TSE:WTE), had their target PPS lowered to $20.50. Analusts currently have a solid Sector Perform 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 $20.36 while the lowest target price is $10.91. The mean of all analyst targets is $16.91 with a 46.48% above today’s ($12.8) stock price. Westshore Terminals Investment Corporation was the topic of 14 analyst reports since August 10, 2015 according to the firm StockzIntelligence Inc.
The stock decreased 1.92% or $0.25 on December 11, striking $12.8. Approximately 1.17 million shares of stock traded hands or 339.98% up from the average. WESTSHORE TERMINALS INVESTMENT CORP (TSE:WTE) has declined 61.71% since May 11, 2015 and is downtrending. It has underperformed by 57.30% the S&P500.