Home Highlight Washington Real Estate Investment Trust (WRE) Receives “Hold” Rating from Stifel Nicolaus

Washington Real Estate Investment Trust (WRE) Receives “Hold” Rating from Stifel Nicolaus

by Paul
Washington Real Estate

Washington Real Estate Investment Trust (NYSE:WRE)‘s stock had its “hold” rating reaffirmed by analysts at Stifel Nicolaus in a note issued to investors on Friday. They presently have a $33.00 (£25.21) price target on the real estate investment trust’s stock. Stifel Nicolaus’ target price suggests a potential upside of 3.25% from the company’s previous close.

Several other analysts have also recently commented on the company. BidaskClub cut Washington Real Estate Investment Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Robert W. Baird upgraded Washington Real Estate Investment Trust from a “neutral” rating to an “outperform” rating and set a $34.00 (£25) target price on the stock in a research report on Tuesday, May 16th.

One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $33.92 (£25).

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