Winthrop Realty Trust Downgraded by Zacks to Neutral (FUR)
Winthrop Realty Trust (NYSE:FUR) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday, American Banking News.com reports. They currently have a $12.60 target price on the stock. Zacks‘ target price would indicate a potential upside of 13.51% from the stock’s previous close.
FUR has been the subject of a number of other recent research reports. Analysts at TheStreet upgraded shares of Winthrop Realty Trust to a “buy” rating in a research note to investors on Thursday, January 2nd.
Winthrop Realty Trust (NYSE:FUR) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.58 earnings per share. The company’s quarterly revenue was up 19.5% on a year-over-year basis.
Winthrop Realty Trust (NYSE:FUR) is a diversified real estate investment trust (REIT).
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