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

Equities research analysts at StockNews.com started 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 analysts have also commented on WSR. Truist Financial lifted 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 reaffirmed a “market outperform” rating and issued a $16.00 target price on shares of Whitestone REIT in a research note on Tuesday, December 10th.

Whitestone REIT Stock Down 0.1 %

WSR stock opened at $14.32 on Wednesday. The company has a market cap of $725.35 million, a PE ratio of 34.93, a price-to-earnings-growth ratio of 2.13 and a beta of 1.29. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49. Whitestone REIT has a twelve month low of $10.77 and a twelve month high of $15.36. The business’s 50-day simple moving average is $13.57 and its 200 day simple moving average is $13.85.

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.