Washington Real Estate Investme – Consensus Indicates Potential 17.6% Upside

Broker Ratings
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Washington Real Estate Investme found using ticker (WRE) have now 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 26 and 21 and has a mean target at 23.4. Now with the previous closing price of 19.9 this is indicating there is a potential upside of 17.6%. The day 50 moving average is 21.01 and the 200 day MA is 23.67. The market cap for the company is $1,731m. You can visit the company’s website by visiting: https://www.washreit.com

The potential market cap would be $2,036m 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.

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