BTIG Stick to Their Buy Rating for Washington Real Estate Investment Trust By Investing.com
BTIG analyst James W. Sullivan maintained a buy rating on Washington Real Estate Investment (NYSE 🙂 Trust on Tuesday and set a price target of $ 28.5, about 11.15% above its current share price of $ 25.64 .
W Sullivan expects the Washington Real Estate Investment Trust to post earnings per share (EPS) of $ 0.37 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is a moderate buy valuation of Washington Real Estate Investment’s shares with an average price target of $ 26.75.
Analysts’ price targets range from a high of $ 28.5 to a low of $ 25.
In its most recent earnings report, which was released on September 30, 2021, the company reported quarterly sales of $ 42.5 million and net income of $ -1.62 million. The company’s market capitalization is $ 2.17 billion.
According to TipRanks.com, BTIG analyst James W Sullivan is currently rated 4 stars on a 0-5 star rating scale, with an average return of 12.9% and a success rate of 65.34%.
Washington Real Estate Investment Trust owns and operates income generating real estate. It operates in the following segments: Office and Multifamily. The Office segment offers office space for various types of companies and professions. The multi-family segment offers rental apartments for individuals and families across the Washington metropolitan area. The company was founded in 1960 by Arthur A. Birney and Benjamin H. Dorsey and is headquartered in Washington, DC.
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