GRP-UN trades at Wall Street's consensus target of —.
Last 12 months price action with 12-month analyst target path
The base valuation assumes GRP-UN achieves its forward estimates and maintains a stable P/E multiple of 10.3x. This scenario reflects the blended consensus of 2 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 30, 2026, Granite Real Estate Investment Trust (GRP-UN) has a Wall Street consensus price target of N/A, based on estimates from 2 covering analysts. The company has a market capitalization of $3.94B.
Analyst price targets range from a low of N/A to a high of N/A.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, GRP-UN trades at a trailing P/E of 15.6x and forward P/E of 10.3x. Analysts expect EPS to grow +33.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $87.77, with bear and bull scenarios of $55.30 and $115.65 respectively. Model confidence stands at 45/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
PLDPrologis, Inc. | $129.5B | $138.89 | $145.57 | +4.8% | Buy | 41.1x | 42 |
STAGSTAG Industrial, Inc. | $7.5B | $39.16 | $41.00 | +4.7% | Buy | 35.0x | 21 |
EGPEastGroup Properties, Inc. | $11.1B | $207.00 | $213.70 | +3.2% | Hold | 35.3x | 33 |
FRFirst Industrial Realty Trust, Inc. | $8.4B | $63.37 | $67.75 | +6.9% | Buy | 26.4x | 29 |
REXRRexford Industrial Realty, Inc. | $7.9B | $34.20 | $37.00 | +8.2% | Buy | 27.4x | 21 |
LXPLXP Industrial Trust | $3.3B | $55.27 | $54.00 | -2.3% | Buy | 650.2x | 15 |
TRNOTerreno Realty Corporation | $7.0B | $65.75 | $70.22 | +6.8% | Buy | 33.8x | 32 |
ILPTIndustrial Logistics Properties Trust | $624M | $9.36 | $7.40 | -20.9% | Buy | — | 9 |
GTYGetty Realty Corp. | $2.0B | $33.64 | $34.50 | +2.6% | Buy | 21.1x | 13 |
IIPRInnovative Industrial Properties, Inc. | $1.8B | $63.26 | $84.67 | +33.8% | Hold | 14.8x | 11 |
Quick answers to the most common questions about buying GRP-UN stock.
The consensus price target for GRP-UN is $N/A, close to the current price of $65.09 (N/A% implied move). Based on 2 analyst estimates, the stock appears fairly valued near current levels.
GRP-UN has a consensus rating of "Buy" based on 2 Wall Street analysts. The rating breakdown is predominantly bullish, with 2 Buy/Strong Buy ratings. The consensus 12-month price target of $N/A implies N/A% upside from current levels.
With a forward P/E of 10.2538x, GRP-UN trades at a relatively low valuation. The consensus target of $N/A implies N/A% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $N/A for GRP-UN, while the most conservative target is $N/A. The consensus of $N/A represents the median expectation. Our quantitative valuation model projects a bull case target of $116 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
GRP-UN is lightly followed, with 2 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month GRP-UN stock forecast based on 2 Wall Street analysts shows a consensus price target of $N/A, with estimates ranging from $N/A (bear case) to $N/A (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $88, with bear/bull scenarios of $55/$116.
Our quantitative valuation model calculates GRP-UN's fair value at $88 (base case), with a bear case of $55 and bull case of $116. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.
GRP-UN trades at a forward P/E ratio of 10.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 15.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
GRP-UN appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $N/A target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
GRP-UN analyst price targets range from $N/A to $N/A, a NaN% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $N/A consensus represents the middle ground. Our model's $55-$116 range provides an independent fundamental perspective.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.