Washington Real Estate Investme with ticker code (WRE) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 25 and 24 with a mean TP of 24.5. Now with the previous closing price of 22.1 this would imply there is a potential upside of 10.9%. The day 50 moving average is 23.32 and the 200 day MA is 21.95. The company has a market cap of $1,962m. Visit the company website at: http://www.washreit.com
WashREIT owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company’s portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation’s most competitive real estate markets.