Winthrop Realty Trust Upgraded to “Buy” at TheStreet (FUR)
Winthrop Realty Trust (NYSE:FUR) was upgraded by analysts at TheStreet to a “buy” rating in a research report issued to clients and investors on Thursday, ARN reports.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Winthrop Realty Trust from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, December 16th. They now have a $12.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $13.17.
Shares of Winthrop Realty Trust (NYSE:FUR) traded down 1.18% during mid-day trading on Thursday, hitting $10.92. 65,498 shares of the company’s stock traded hands. Winthrop Realty Trust has a one year low of $10.77 and a one year high of $13.66. The stock’s 50-day moving average is $11.28 and its 200-day moving average is $11.86. The company has a market cap of $397.6 million and a P/E ratio of 18.03.
Winthrop Realty Trust (NYSE:FUR) last announced its earnings results on Thursday, November 7th. The company reported $0.27 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.26 by $0.01. The company had revenue of $19.02 million for the quarter, compared to the consensus estimate of $15.90 million. During the same quarter last year, the company posted $0.58 earnings per share. Winthrop Realty Trust’s revenue was up 19.5% compared to the same quarter last year. On average, analysts predict that Winthrop Realty Trust will post $1.38 earnings per share for the current fiscal year.
Winthrop Realty Trust (NYSE:FUR) is a diversified real estate investment trust (REIT).
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