Wall Street Zen Upgrades BSR Real Estate Investment Trust (NYSE:BSRT) to “Hold”

BSR Real Estate Investment Trust (NYSE:BSRT) was upgraded by Wall Street Zen to a “hold” rating in a note issued to investors on Saturday, Wall Street Zen reports.

BSRT has been the topic of a number of other research reports. TD Securities raised shares of BSR Real Estate Investment Trust to a “strong-buy” rating in a report on Tuesday, October 20th. Weiss Ratings initiated coverage on shares of BSR Real Estate Investment Trust in a report on Wednesday, October 21st. They issued a “sell (d+)” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

BSR Real Estate Investment Trust Trading Up 0.1%

NYSE BSRT opened at $10.48 on Friday. BSR Real Estate Investment Trust has a fifty-two week low of $10.26 and a fifty-two week high of $13.00.

About BSR Real Estate Investment Trust

BSR Real Estate Investment Trust is a real estate investment trust focused on owning and operating multifamily residential communities in the southern United States. Its portfolio consists primarily of apartment properties serving residents in growing Sun Belt markets.

The trust’s main activities include leasing apartment homes, managing residential communities, and maintaining and improving its properties. Its operations have historically been concentrated in Texas, Oklahoma and Arkansas, with properties located in markets supported by population growth, employment opportunities and demand for rental housing.

BSR REIT was established as a publicly traded real estate investment trust in 2018.