Industrials REIT Ltd 14.8% potential upside indicated by Berenberg Bank

Industrials REIT Ltd with ticker (LON:MLI) now has a potential upside of 14.8% according to Berenberg Bank.



Berenberg Bank set a target price of 220 GBX for the company, which when compared to the Industrials REIT Ltd share price of 188 GBX at opening today (27/10/2021) indicates a potential upside of 14.8%. Trading has ranged between 122 (52 week low) and 188 (52 week high) with an average of 456,107 shares exchanging hands daily. The market capitalisation at the time of writing is £11,330,948,220.

Mueller Industries, Inc. is a manufacturer of copper, brass, aluminum, and plastic products. The Company operates through three segments: Piping Systems, Industrial Metals and Climate. The Piping Systems segment consists of Domestic Piping Systems Group, Great Lakes Copper, Pexcor Manufacturing Company and Heatlink Group Inc., Die-Mold Tool Limited, European Operations, Trading Group, and Jungwoo Metal Ind. Co., LTD. The Domestic Piping Systems Group manufactures and distributes copper tube, fittings, line sets, and pipe nipples, and resells steel pipe, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties. The Industrial Metals segment consists of Brass Rod & Copper Bar Products, Impacts & Micro Gauge, and Brass Value-Added Products. The Climate segment consists of Refrigeration Products, Fabricated Tube Products, Westermeyer Industries, Inc., Turbotec Products, Inc., ATCO Rubber Products, Inc., Linesets, Inc., and Shoals Tubular, Inc.