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Shares of Weingarten Realty Investors (NYSE:WRI) reached a new 52-week high during trading on Friday , American Banking News reports. The company traded as high as $33.57 and last traded at $33.52, with a volume of 306,068 shares changing hands. The stock had previously closed at $33.42.

A number of research firms have recently commented on WRI. Analysts at Cowen and Company raised their price target on shares of Weingarten Realty Investors from $34.00 to $35.00 in a research note on Friday, June 20th. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Weingarten Realty Investors in a research note on Tuesday, April 29th. They now have a $35.00 price target on the stock. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $35.33.

The stock’s 50-day moving average is $32.29 and its 200-day moving average is $30.51. The company has a market cap of $4.106 billion and a price-to-earnings ratio of 19.57.

Weingarten Realty Investors (NYSE:WRI) last announced its earnings results on Thursday, April 24th. The company reported $0.49 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.49. The company had revenue of $127.60 million for the quarter, compared to the consensus estimate of $125.49 million. During the same quarter in the prior year, the company posted $0.48 earnings per share. The company’s quarterly revenue was up 8.3% on a year-over-year basis. On average, analysts predict that Weingarten Realty Investors will post $2.00 earnings per share for the current fiscal year.

Weingarten Realty Investors is a real estate investment trust (NYSE:WRI).

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