Jefferies (NYSE:JEF) analyst Linda Tsai maintained a Hold rating on Weingarten (NYSE:WRI) Realty Investors on Monday, setting a price target of $16, which is approximately 11.89% below the present share price of $18.16.
Tsai expects Weingarten Realty Investors to post earnings per share (EPS) of $0.41 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Weingarten, with an average price target of $19.6.
The analysts price targets range from a high of $23 to a low of $16.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $111.35 million and a net profit of $34.22 million. The company's market cap is $2.33 billion.
According to TipRanks.com, Jefferies analyst Linda Tsai is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.8% and a 68.18% success rate.
Weingarten Realty Investors is a real estate investment trust, which engages in leasing space to tenants in the shopping centers. The company owns, manages, acquires, develops, and redevelops strategically located neighborhood and community shopping centers. It also offers property management services. The company was founded in 1948 and is headquartered in Houston, TX.