Washington Real Estate Investme – Consensus Indicates Potential 7.5% Downgrade

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Washington Real Estate Investme with a ticker code (WRE) there are now 4 analysts covering the stock with a Hold rating consensus. The range between high target price and low target price is 25 to 24 with an average target price of 24.5. Now that the previous closing price was 26.5, this indicates a potential decline of -7.5%. There is a 50-day moving average of 23.81 and a 200-day moving average of 23.08. The market capitalization of the company is USD 2,271 million. You can visit the company’s website by visiting: http://www.washreit.com

WashREIT owns and operates unique properties in the Washington Metro area. Drawing on years of experience, knowledge and ambition, we create value by transforming ideas 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 apartment buildings. These 45 properties consist of 22 apartment buildings, 15 office buildings and 8 shopping centers. Our shares are listed on the NYSE. With a track record of making profits and meeting requests, we are the authority on one of the country’s most competitive real estate markets.

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