Whitestone REIT (NYSE:WSR) Coverage Initiated at StockNews.com

by · The Markets Daily

Analysts at StockNews.com initiated coverage on shares of Whitestone REIT (NYSE:WSR – Get Free Report) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Other research analysts have also issued research reports about the company. Truist Financial increased their price target on Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, November 29th. JMP Securities reissued a “market outperform” rating and issued a $16.00 price target on shares of Whitestone REIT in a research report on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $15.67.

Check Out Our Latest Analysis on Whitestone REIT

Whitestone REIT Price Performance

Shares of NYSE WSR opened at $14.02 on Friday. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.49. The firm’s 50-day moving average price is $14.42 and its 200-day moving average price is $13.76. The firm has a market capitalization of $710.06 million, a P/E ratio of 34.20, a P/E/G ratio of 2.46 and a beta of 1.26. Whitestone REIT has a 1-year low of $10.77 and a 1-year high of $15.36.

Whitestone REIT Company Profile

(Get Free Report)

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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