Stock To Watch: Washington Real Estate Investment Trust (NYSE:WRE)


The leading market experts have placed a mean price target of $31.25 on Washington Real Estate Investment Trust (NYSE:WRE) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.43 a share for the upcoming quarter and $1.71 for the current fiscal. Technical View The technical analysis of Washington Real Estate Investme plainly substantiates that the 50-day moving average of Washington Real Estate Investme is $29.45, and stock is hovering 0.45 or +1.53% distant from $29.45. It is noted that the 200-day MA is $27.69, and Washington Real Estate Investme stock is $2.21 or +7.96% off from this point. Washington Real Estate Investment Trust (NYSE:WRE) 52-week high is $30.86 and the 52-week low is $23.78. This explains if the stock moves $-0.96, it will post a 52-week high. In event of $+25.74% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Washington Real Estate Investme, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Washington Real Estate Investment Trust (NYSE:WRE) ratio came in at 32.86. The stock last ended the trading session at $29.90 and registered a market cap of $2.04B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Washington Real Estate Investment Trust (NYSE:WRE) PEG ratio is at 17.47.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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