StockNews.com Begins Coverage on Whitestone REIT (NYSE:WSR)

Investment analysts at StockNews.com started coverage on shares of Whitestone REIT (NYSE:WSR) in a research note issued to investors on Friday. The firm set a “hold” rating on the real estate investment trust’s stock.

WSR has been the subject of several other research reports. JMP Securities reissued a “market outperform” rating and issued a $16.00 price target on shares of Whitestone REIT in a report on Tuesday, December 10th. Truist Financial boosted their target price on shares of Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, March 18th.

Whitestone REIT Stock Up 0.4 %

Shares of WSR opened at $14.52 on Friday. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.49. The firm has a market capitalization of $738.74 million, a P/E ratio of 35.40, a P/E/G ratio of 2.13 and a beta of 1.29. The firm has a fifty day moving average price of $13.78 and a 200-day moving average price of $13.95. Whitestone REIT has a 12-month low of $10.77 and a 12-month high of $15.36.

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.