Washington Real Estate Investme found using ticker (WRE) have now 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 26 and 21 calculating the average target price we see 23.5. With the stocks previous close at 20.26 this is indicating there is a potential upside of 16.0%. The 50 day moving average now sits at 21.19 and the 200 moving average now moves to 23.82. The market capitalisation for the company is $1,733m. Visit the company website at: https://www.washreit.com
The potential market cap would be $2,010m based on the market concensus.
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.
