J.P. Morgan analyst Michael Mueller maintained a Sell rating on Weingarten (NYSE:WRI) Realty Investors on Monday, setting a price target of $19, which is approximately 6.26% above the present share price of $17.88.
Mueller expects Weingarten Realty Investors to post earnings per share (EPS) of $0.41 for the second quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Weingarten, with an average price target of $20.07.
The analysts price targets range from a high of $29 to a low of $14.5.
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 $2.29 billion.
According to TipRanks.com, J.P. Morgan analyst Michael Mueller is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 3.9% and a 58.42% 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.