Whitestone REIT (NYSE:WSR) Stock Price Expected to Rise, Truist Financial Analyst Says

Whitestone REIT (NYSE:WSR) had its price target upped by equities research analysts at Truist Financial from $15.00 to $16.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s price target points to a potential upside of 11.21% from the stock’s previous close.

WSR has been the subject of a number of other reports. StockNews.com assumed coverage on Whitestone REIT in a research note on Wednesday, March 12th. They issued a “hold” rating for the company. JMP Securities reiterated a “market outperform” rating and issued a $16.00 price target on shares of Whitestone REIT in a research note on Tuesday, December 10th.

Whitestone REIT Trading Down 0.7 %

Whitestone REIT stock opened at $14.39 on Tuesday. The stock has a 50-day moving average of $13.63 and a two-hundred day moving average of $13.88. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17. Whitestone REIT has a one year low of $10.77 and a one year high of $15.36. The stock has a market cap of $728.64 million, a PE ratio of 35.09, a price-to-earnings-growth ratio of 2.13 and a beta of 1.29.

Whitestone REIT Company Profile

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.