Washington Real Estate Investme – Consensus Indicates Potential 4.8% Upside

Broker Ratings

Washington Real Estate Investme found using ticker (WRE) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 27 and 23 and has a mean target at 25.5. Now with the previous closing price of 24.33 this indicates there is a potential upside of 4.8%. The 50 day moving average now sits at 24.45 while the 200 day moving average is 24.92. The market cap for the company is $2,148m. Find out more information at: https://www.washreit.com

The potential market cap would be $2,251m based on the market concensus.

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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.

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