Weingarten Realty Investors (WRI) : During the past 4 weeks, traders have been relatively bearish on Weingarten Realty Investors (WRI), hence the stock is down -5.77% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.17% relative to the S&P 500. The 4-week change in the price of the stock is -6.28% and the stock has fallen -3.01% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.19% and the 50-Day Moving Average is 4.58%.The 200 Day SMA reached 4.26%
Weingarten Realty Investors (NYSE:WRI): The stock opened in the green at $39.42 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $39.59 and a low of $38.97 for the day. The stock did not find buyers even at the lows and closed at $38.98 recording a loss of -0.64%. 607,116 shares exchanged hands during the trading day. The stock had closed at $38.98 in the previous days trading.
Weingarten Realty Investors (WRI) : The consensus price target for Weingarten Realty Investors (WRI) is $42 for the short term with a standard deviation of $2.12. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $45, however, the pessimist price target for the company is $39.
Weingarten Realty Investors is a real estate investment trust (REIT). The Companys primary business is leasing space to tenants in the shopping centers it owns or leases. It is engaged in the business of owning, managing and developing shopping centers and other commercial centers. The Company also provides property management services. The Companys properties consist primarily of neighborhood and community shopping centers. As of December 31, 2014, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 234 developed income-producing properties and three properties under various stages of construction and development. The portfolio of properties contains approximately 45.3 million square feet of gross leasable area that is either owned by the Company or others. It also owned interests in 34 parcels of land held for development that totaled approximately 25.3 million square feet.