Whitestone REIT (NYSE:WSR) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR) in a report issued on Wednesday. The firm set a “hold” rating on the real estate investment trust’s stock.

A number of other equities research analysts have also recently commented on WSR. JMP Securities restated a “market outperform” rating and issued a $16.00 price target on shares of Whitestone REIT in a report on Tuesday, December 10th. Truist Financial raised their price target 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.

Whitestone REIT Trading Down 0.9 %

NYSE:WSR opened at $14.13 on Wednesday. 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 stock has a market capitalization of $715.37 million, a price-to-earnings ratio of 34.45, a PEG ratio of 2.13 and a beta of 1.29. The firm has a fifty day simple moving average of $13.57 and a two-hundred day simple moving average of $13.85. Whitestone REIT has a 12 month low of $10.77 and a 12 month high of $15.36.

About Whitestone REIT

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.