Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR (VTMX) Gets a Buy from UBS
UBS analyst assigned a Buy rating to Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR yesterday and set a price target of $43.00.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR with a $42.00 average price target.
Based on Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $76.7 million and a net profit of $101 million. In comparison, last year the company earned a revenue of $67.1 million and had a net profit of $14.9 million
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VTMX in relation to earlier this year.
Read More on VTMX:
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- Inmobiliaria Vesta price target raised to $43 from $39 at UBS
- Vesta Raises Additional US$26.8 Million as Underwriters Exercise Over-Allotment in Follow-On Offering
- Inmobiliaria Vesta signs two lease agreements totaling over 570k sq. ft.
- Vesta Signs Over 570,000 Sq. Ft. of New Industrial Leases in Monterrey
- Vesta Raises US$242.5 Million in Global Follow-On Offering to Fund Growth
