Washington Real Estate Investment Trust (NYSE:WRE)‘s stock had its “sell” rating reiterated by analysts at Stifel Nicolaus in a note issued to investors on Friday.
A number of other research analysts have also recently issued reports on the company. Zacks Investment Research cut Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. Robert W. Baird reaffirmed an “outperform” rating and issued a $34.00 price target on shares of Washington Real Estate Investment Trust in a report on Tuesday, October 31st. TheStreet cut Washington Real Estate Investment Trust from a “b” rating to a “c+” rating in a report on Friday, November 3rd. SunTrust Banks set a $33.00 price target on Washington Real Estate Investment Trust and gave the company a “hold” rating in a report on Friday, October 27th. Finally, Capital One Financial reaffirmed an “overweight” rating on shares of Washington Real Estate Investment Trust in a report on Monday, November 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $32.00.
Washington Real Estate Investment Trust (NYSE:WRE) opened at $26.60 on Friday. The stock has a market capitalization of $2,084.82, a price-to-earnings ratio of 102.31, a price-to-earnings-growth ratio of 14.25 and a beta of 0.78. Washington Real Estate Investment Trust has a twelve month low of $25.43 and a twelve month high of $33.96. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.30 and a current ratio of 1.30.
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Washington Real Estate Investment Trust Company Profile
Washington Real Estate Investment Trust is a self-administered equity real estate investment trust. The Company’s business consists of the ownership and operation of real property in the greater Washington metro region. The Company owns a diversified portfolio of office buildings, multifamily buildings and retail centers.
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