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Waypoint REIT Director Increases Stake in Company

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Waypoint REIT Director Increases Stake in Company

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Waypoint REIT Ltd. ( (AU:WPR) ) has issued an update.

Waypoint REIT Ltd. announced a change in the director’s interest, with Gai Marie McGrath acquiring an additional 42,095 ordinary stapled securities through an on-market purchase. This acquisition increases her total holdings to 45,595 securities, reflecting a significant investment in the company’s future and potentially signaling confidence in its market position and growth prospects.

The most recent analyst rating on (AU:WPR) stock is a Hold with a A$2.70 price target. To see the full list of analyst forecasts on Waypoint REIT Ltd. stock, see the AU:WPR Stock Forecast page.

More about Waypoint REIT Ltd.

Waypoint REIT Ltd. operates in the real estate investment trust industry, focusing on owning and managing a portfolio of retail properties across Australia. The company primarily invests in service station and convenience retail properties, providing stable rental income and long-term capital growth for its stakeholders.

Average Trading Volume: 1,943,338

Technical Sentiment Signal: Buy

Current Market Cap: A$1.75B

Find detailed analytics on WPR stock on TipRanks’ Stock Analysis page.

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