Washington Real Estate Investment Trust (NYSE: WRE) was downgraded by equities research analysts at Wells Fargo & Co. (NYSE: WFC) from a ?market perform? rating to an ?underperform? rating in a research note issued to investors on Tuesday.
Separately, analysts at Stifel Nicolaus downgraded shares of Washington Real Estate Investment Trust from a ?buy? rating to a ?hold? rating in a research note to investors on Friday. Also, analysts at Jefferies downgraded shares of Washington Real Estate Investment Trust from a ?buy? rating to a ?hold? rating in a research note to investors on Thursday, July 14th.
Washington Real Estate Investment Trust (WRIT) is a self-administered, self-managed, equity real estate investment trust (REIT). The Company?s business consists of the ownership and operation of real property in the greater Washington metro region. It owns a portfolio of office buildings, medical office buildings, industrial/flex properties, multifamily buildings and retail centers. On August 13, 2009, the Company acquired Lansdowne Medical Office Building. In May 2009, it sold a multifamily property, Avondale Apartments. In July 2009, the Company sold an industrial property, Tech 100 Industrial Park. In July 2009, it sold an office property, Brandywine Center. In November 2009, WRIT sold an industrial property, Crossroads Distribution Center.
Shares of Washington Real Estate Investment Trust traded down 1.20% during mid-day trading on Tuesday, hitting $28.00. Washington Real Estate Investment Trust has a 52 week low of $25.45 and a 52 week high of $34.54. The stock?s 50-day moving average is $29.25 and its 200-day moving average is $31.06. The company has a market cap of $1.849 billion and a price-to-earnings ratio of 65.15.
Stay on top of analysts' coverage with our daily email newsletter that provides a concise list of analysts' upgrades, analysts' downgrades and analysts' price target changes for each day. Click here to register.
uhs google street view google street view gluten free diet oprah winfrey iaa blackberry torch 2
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.