Whitestone REIT (NYSE:WSR - Get Free Report) had its price objective increased by stock analysts at Truist Financial from $15.00 to $16.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a "buy" rating on the real estate investment trust's stock. Truist Financial's target price points to a potential upside of 11.77% from the stock's current price.
A number of other research analysts have also weighed in on the stock. JMP Securities reissued a "market outperform" rating and issued a $16.00 target price on shares of Whitestone REIT in a research note on Tuesday, December 10th. StockNews.com initiated coverage on Whitestone REIT in a research report on Wednesday, March 12th. They set a "hold" rating for the company.
Read Our Latest Report on WSR
Whitestone REIT Stock Down 1.3 %
Shares of WSR traded down $0.19 during mid-day trading on Tuesday, hitting $14.32. 648,398 shares of the company traded hands, compared to its average volume of 267,564. The company has a market capitalization of $728.56 million, a PE ratio of 34.92, a price-to-earnings-growth ratio of 2.13 and a beta of 1.29. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49. Whitestone REIT has a 1-year low of $10.77 and a 1-year high of $15.36. The business has a 50 day moving average of $13.67 and a 200 day moving average of $13.90.
Whitestone REIT Company Profile
(
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Whitestone REIT NYSE: WSR is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.
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