Whitestone REIT (NYSE:WSR) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of Whitestone REIT (NYSE:WSR) in a report released on Monday. The firm set a “hold” rating on the real estate investment trust’s stock.

Separately, Truist Financial boosted their target price on Whitestone REIT from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Tuesday, March 18th.

Whitestone REIT Trading Up 1.8 %

Whitestone REIT stock opened at $13.26 on Monday. Whitestone REIT has a 1 year low of $11.23 and a 1 year high of $15.36. The firm’s 50 day moving average price is $13.73 and its two-hundred day moving average price is $13.95. The firm has a market cap of $674.87 million, a price-to-earnings ratio of 32.34, a price-to-earnings-growth ratio of 2.13 and a beta of 0.89. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17.

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.