Shares of Vesta Real Estate Corp (Symbol: VTMX) traded at $33.37, surpassing the average analyst 12-month target price of $32.87. This significant movement occurred following recent developments in the company’s fundamentals, prompting investors to reassess whether the stock may rise further or if it has peaked.
There are three different analyst targets contributing to the average, with one analyst setting a target as low as $25.00, while another has a high estimate of $40.00, indicating a standard deviation of $7.526. Currently, the analyst ratings for VTMX show 2 strong buys, 1 hold, and 2 strong sells, with an average rating of 3.0 on a scale where 1 is Strong Buy and 5 is Strong Sell.
This data comes from Zacks Investment Research and reflects active dialogue among analysts concerning future valuations for Vesta Real Estate Corp.
