(WEB) Warehouses Estates Belgium - Ratings and Ratios

Warehouses Estates Belgium SCA (WEB) is a Belgian real estate investment trust that specializes in logistics and industrial properties, providing a diversified portfolio of assets to investors. As a REIT, it is required to distribute a significant portion of its income to shareholders, making it an attractive option for income-seeking investors.

With a market presence in Belgium, WEB has established itself as a key player in the countrys logistics and industrial property market. Its website (https://www.w-e-b.be) provides additional information on its portfolio, strategy, and investor relations.

Analyzing the stocks technical data, we observe that the current price is 36.40 EUR, which is slightly below its 20-day simple moving average (SMA) of 37.32 EUR. However, it is above its 200-day SMA of 35.78 EUR, indicating a potential bullish trend. The average true range (ATR) of 0.74 EUR (2.03%) suggests moderate volatility. Given the current price action and the stocks position relative to its SMAs, we can expect a potential breakout above the 38.40 EUR 52-week high if the bullish trend continues.

From a fundamental perspective, WEBs market capitalization stands at 131.71M EUR, with a price-to-earnings (P/E) ratio of 12.29, indicating a relatively undervalued stock compared to its peers. The return on equity (RoE) of 8.65% is also a positive indicator of the companys profitability. Using these fundamental metrics and combining them with the technical analysis, we can forecast that WEBs stock price may reach 40 EUR in the next 6-12 months, driven by its stable fundamentals and potential technical breakout.

Based on this analysis, investors may consider accumulating WEB shares at the current price, with a target price of 40 EUR and a stop-loss below 33.38 EUR (52-week low). This investment thesis is supported by the stocks technical and fundamental data, which indicate a potential upside in the medium term.