Washington Real Estate Investme found using ticker (WRE) now have 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 29 and 23 calculating the average target price we see 25.8. With the stocks previous close at 23.81 this indicates there is a potential upside of 8.4%. The 50 day moving average now sits at 25.28 and the 200 moving average now moves to 24.81. The company has a market cap of $2,019m. You can visit the company’s website by visiting: https://www.washreit.com
The potential market cap would be $2,187m 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.
