Whitestone REIT (NYSE:WSR) PT Raised to $15.00

Whitestone REIT (NYSE:WSR) had its price objective hoisted by equities research analysts at Truist Financial from $14.00 to $15.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s target price points to a potential upside of 13.55% from the stock’s current price.

Separately, JMP Securities reaffirmed a “market outperform” rating and set a $15.00 target price on shares of Whitestone REIT in a research note on Friday, June 28th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $15.00.

Whitestone REIT Stock Performance

Whitestone REIT stock opened at $13.21 on Tuesday. The business’s 50-day moving average price is $13.43 and its two-hundred day moving average price is $12.63. The stock has a market cap of $661.29 million, a PE ratio of 27.52, a P/E/G ratio of 2.12 and a beta of 1.27. Whitestone REIT has a 12-month low of $9.07 and a 12-month high of $14.48. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 1.57.

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.