Analysts Set Nexus Industrial REIT (TSE:NXR.UN) Target Price at C$8.63

Posted by ABMN Staff on Mar 30th, 2025

Shares of Nexus Industrial REIT (TSE:NXR.UN – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$8.63.

Several research analysts have recently weighed in on the stock. Royal Bank of Canada decreased their price objective on shares of Nexus Industrial REIT from C$9.00 to C$8.75 and set a “sector perform” rating for the company in a report on Tuesday, March 11th. Desjardins reduced their price target on Nexus Industrial REIT from C$9.50 to C$8.75 and set a “buy” rating for the company in a research report on Tuesday, March 11th. Finally, Raymond James lowered their price target on shares of Nexus Industrial REIT from C$9.00 to C$8.50 and set an “outperform” rating on the stock in a report on Tuesday, March 11th.

Get Our Latest Stock Analysis on Nexus Industrial REIT

Nexus Industrial REIT Trading Down 1.7 %

TSE NXR.UN opened at C$6.90 on Tuesday. The firm’s fifty day simple moving average is C$7.25 and its 200-day simple moving average is C$7.87. Nexus Industrial REIT has a 1-year low of C$6.47 and a 1-year high of C$9.15. The company has a market capitalization of C$488.11 million, a PE ratio of 2.85 and a beta of 1.51. The company has a current ratio of 0.44, a quick ratio of 0.12 and a debt-to-equity ratio of 129.95.

Nexus Industrial REIT Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were issued a $0.0533 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date was Friday, February 28th. Nexus Industrial REIT’s dividend payout ratio (DPR) is currently 26.45%.

Nexus Industrial REIT Company Profile

(Get Free Report

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office and retail properties.