Westshore Terminals Income Fund (TSE:WTE) Had Its Price Objective Increases by Professional Analysts at RBC Capital Markets to $26.00

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RBC Analyst Rating Change Westshore Terminals Income Fund TSE:WTE

Westshore Terminals Income Fund (TSE:WTE) Target Change

In an analyst report shared with investors by RBC Capital Markets on 7 October, Westshore Terminals Income Fund (TSE:WTE) had its target raised to $26.00. The firm right now has Outperform rating on the stock.

The target increase is well received by stock speculators, as TSE:WTE is now trading 0.79% higher at $24.22 as of 07:39 New York time. Westshore Terminals Income Fund shares have risen 91.63% over the past 200 days, while the S&P 500 has surged 6.91% during the same time.

Out of 5 brokers covering Westshore Terminals Income Fund, 1 rate it a Buy, 4 indicate a Hold while 0 suggest a Sell. The highest target is $19.67 and the lowest is $14.37 according to Thomson/First Call. The 12-month mean target is $16.79, which means downside potential of 30.68% over the current price.

TSE:WTE Price Chart & Trend

The stock price of Westshore Terminals Income Fund has gained 91.63% over the last 200 days, and is in very strong up trend. In the last 50 and 100 days, Westshore Terminals Income Fund is up 32.03% and up 31.38%, respectively. Our stocks momentum model is shown on the price chart below.Westshore Terminals Income Fund (TSE:WTE) Had Its Price Objective Increases by Professional Analysts at RBC Capital Markets to $26.00

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

WTE Stock Chart

Westshore Terminals Income Fund (TSE:WTE) traded up 0.79% on 7 October, hitting $24.22. A total of 89,582 shares of the company’s stock traded hands. This is down from average of 116,703 shares. Westshore Terminals Income Fund has a 52 week low of $9.84 and a 52 week high of $28.09. The company has a market cap of $1.77B and a P/E ratio of 12.29.

Get the latest Westshore Terminals Income Fund (TSE:WTE) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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