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Bullboard - Stock Discussion Forum Nexus Industrial REIT T.NXR.UN

Alternate Symbol(s):  EFRTF

Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. The Company is focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties... see more

TSX:NXR.UN - Post Discussion

Nexus Industrial REIT > Analysts Can't Keep Up With Nexus
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Post by hawk35 on Sep 11, 2024 4:22pm

Analysts Can't Keep Up With Nexus

The consensus targert price for Nexus is $8.81.  Nexus hit a high of $8.85 and closed today at $8.81!

The analysts are once again behind the curve.  The market knows interest rates are falling faster than expected and the market is leading the way driving Nexus price higher.
Comment by CanSiamCyp on Sep 11, 2024 8:25pm
Hawk: So right ... I have had 5 or 6 REITs hitting 52-week highs during this week! Kinda nice ... after goin thru a couple of years stuck on the down escalator with REITs and dividend stocks ... cuz of increasing rates! Keep them rate cuts comin y'all! Cheers!
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