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

Investment analysts at StockNews.com assumed coverage on shares of Whitestone REIT (NYSE:WSR) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

A number of other analysts have also recently weighed in on the stock. Truist Financial raised their target price on shares of Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, November 29th. JMP Securities restated a “market outperform” rating and set a $16.00 target price on shares of Whitestone REIT in a report on Tuesday, December 10th.

Whitestone REIT Trading Up 0.2 %

Whitestone REIT stock opened at $13.38 on Monday. The firm has a 50 day simple moving average of $13.65 and a 200-day simple moving average of $13.81. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.17 and a quick ratio of 2.17. The stock has a market capitalization of $677.74 million, a PE ratio of 32.64, a price-to-earnings-growth ratio of 2.13 and a beta of 1.26. Whitestone REIT has a 12-month low of $10.77 and a 12-month high of $15.36.

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.