Whitestone REIT (NYSE:WSR) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Other research analysts have also recently issued research reports about the company. Truist Financial raised their target price on Whitestone REIT from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Tuesday. JMP Securities restated a “market outperform” rating and set a $16.00 price objective on shares of Whitestone REIT in a research report on Tuesday, December 10th.

Whitestone REIT Stock Performance

Shares of WSR opened at $14.32 on Thursday. The firm has a 50-day moving average price of $13.67 and a 200 day moving average price of $13.89. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.49. The firm has a market capitalization of $725.00 million, a PE ratio of 34.92, a P/E/G ratio of 2.13 and a beta of 1.29. Whitestone REIT has a 52-week low of $10.77 and a 52-week high of $15.36.

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.