BSR Real Estate Investment Trust (NYSE:BSRT) Downgraded by Wall Street Zen to “Sell”

BSR Real Estate Investment Trust (NYSE:BSRT) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings cut shares of BSR Real Estate Investment Trust from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday. Royal Bank Of Canada dropped their price objective on shares of BSR Real Estate Investment Trust from $12.50 to $11.00 and set a “sector perform” rating on the stock in a report on Friday. TD Securities raised shares of BSR Real Estate Investment Trust to a “strong-buy” rating in a research report on Tuesday, October 20th. Finally, Desjardins cut their price objective on shares of BSR Real Estate Investment Trust from $12.50 to $11.50 and set a “buy” rating on the stock in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.25.

BSR Real Estate Investment Trust Stock Performance

Shares of BSRT stock opened at $9.22 on Friday. BSR Real Estate Investment Trust has a 52 week low of $9.20 and a 52 week high of $13.00.

BSR Real Estate Investment Trust (NYSE:BSRT) last released its earnings results on Wednesday, November 11th. The company reported ($0.21) earnings per share (EPS) for the quarter. The company had revenue of $34.52 million for the quarter.

BSR Real Estate Investment Trust Company Profile

BSR Real Estate Investment Trust is a residential real estate company focused on owning and operating multifamily apartment communities in the U.S. Sunbelt. Its properties provide rental housing and related amenities to residents. The trust’s portfolio was concentrated in Texas, Oklahoma and Arkansas, with a focus on apartment communities in growing regional markets. BSR became publicly traded in 2018. Harbor Group International completed its acquisition of BSR in 2024, after which BSR’s units were no longer publicly traded.