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Zacks Investment Research disclosed Washington Real Estate Investment Trust (NYSE:WRE), hiking its price target to $33.00 earlier today

Yesterday Washington Real Estate Investment Trust (NYSE:WRE) traded 0.65% higher at $29.12. The company’s 50-day moving average is $31.62 and its 200-day moving average is $30.82. The last stock close price is down -4.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 704,158 shares of the stock were exchanged, up from an average trading volume of 478,862

Reporting a possible upside of 0.13%, Zacks Investment Research increased the stock price target of Washington Real Estate Investment Trust (NYSE:WRE) to $33.00

See Chart Below

Washington Real Estate Investment Trust (NYSE:WRE)

Washington Real Estate Investment Trust has a 52 week low of $23.89 and a 52 week high of $34.61 with a P/E ratio of 21.00 The company’s market cap is currently $0.

About Washington Real Estate Investment Trust (NYSE:WRE)

Washington Real Estate Investment Trust is a self-administered, self-managed equity real estate investment trust. The Company's business consists of the ownership and operation of income-producing real property in the greater Washington metro region. The Company's three segments include office, retail and multifamily. It owns a portfolio of office buildings, multifamily buildings and retail centers. The Company owns a portfolio of approximately 50 properties, totaling approximately 7.2 million square feet of commercial space and over 3,260 residential units, and land held for development. Its approximately 50 properties consist of 20 office properties, 10 multifamily properties and 20 retail centers. The Company's tenants include World Bank, Advisory Board Company, Booz Allen Hamilton, Inc., Squire Patton Boggs (USA) LLP, Engility Corporation, Hughes Hubbard & Reed LLP, Epstein, Becker & Green, P.C., Morgan Stanley, Smith Barney, General Services Administration and SunTrust Bank.

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