CommonWealth REIT Downgraded to “Sell” at Stifel Nicolaus (CWH)

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CommonWealth REIT (NYSE:CWH) was downgraded by stock analysts at Stifel Nicolaus from a “hold” rating to a “sell” rating in a report issued on Thursday, ARN reports.

A number of other firms have also recently commented on CWH. Analysts at Zacks downgraded shares of CommonWealth REIT from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 2nd. They now have a $25.00 price target on the stock. Separately, analysts at TheStreet downgraded shares of CommonWealth REIT from a “buy” rating to a “hold” rating in a research note on Tuesday, April 1st. Finally, analysts at RBC Capital downgraded shares of CommonWealth REIT from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, March 19th.

Shares of CommonWealth REIT (NYSE:CWH) opened at 25.77 on Thursday. CommonWealth REIT has a 52-week low of $19.55 and a 52-week high of $28.10. The stock’s 50-day moving average is $26.0 and its 200-day moving average is $24.92.

CommonWealth REIT (NYSE:CWH) last announced its earnings results on Thursday, February 27th. The company reported $0.63 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.54 by $0.09. The company had revenue of $198.42 million for the quarter, compared to the consensus estimate of $201.89 million. During the same quarter last year, the company posted $0.82 earnings per share. CommonWealth REIT’s revenue was down 14.4% compared to the same quarter last year. On average, analysts predict that CommonWealth REIT will post $2.27 earnings per share for the current fiscal year.

CommonWealth REIT (NYSE:CWH) is a real estate investment trust (REIT).

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