Washington Prime Group Inc Cmn (NYSE:WPG) shares traded -4.38% down during most recent session to reach at the closing price of $8.73. The stock exchanged hands 2.2 Million shares versus average trading capacity of 2.73 Million shares, yielding a market cap of $1.63 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $8.8 within the next 52-weeks. The mean target projections are based on 2 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Washington Prime Group Inc Cmn (NYSE:WPG) high price target of $9 and with a conservative view have low price target of $8.6.

Goldman Sachs “Downgrades” Washington Prime Group Inc Cmn (NYSE:WPG) in a research note issued to investors on 7/15/16 to Neutral.

Additionally on 4/06/16 Boenning & Scattergood “Upgrades” Washington Prime Group Inc Cmn (NYSE:WPG) to Neutral and on 1/27/16 Boenning & Scattergood “Initiates Coverage on” the stock to Underperform. Furthermore on 1/22/16 SunTrust Robinson Humphrey “Downgrades” the stock to Neutral at $.

On the other hand the company has Relative Strength Index (RSI 14) of 47.29 along with Average True Range (ATR 14) of 0.34, Consequently Washington Prime Group Inc Cmn (NYSE:WPG)’s weekly and monthly volatility is 4.29%, 3.92% respectively. The company’s beta value is at 0.

In terms of Buy, Sell or Hold recommendations, Washington Prime Group Inc Cmn (NYSE:WPG) has analysts’ mean recommendation of 3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Washington Prime Group Inc Cmn (NYSE:WPG)’s minimum EPS for the current quarter is at $0.23 and can go high up to $0.23. The consensus mean EPS for the current quarter is at $0.23 derived from a total of 1 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.01 earnings per share for the same quarter during last year.

Previously Washington Prime Group Inc Cmn (NYSE:WPG) reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.06. The company posted an earnings surprise of 9.1%.

Washington Prime Group Inc Cmn (NYSE:WPG)’s revenue estimates for the current quarter are $187.88 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $190.6 Million in contradiction of low revenue estimates of $185.15 Million. For the current year the company’s revenue estimates are $782.9 Million compared to low analyst estimates of $779.21 Million and high estimates of $786.6 Million according to 2 number of analysts.

Currently Washington Prime Group Inc Cmn (NYSE:WPG)’s shares owned by insiders are 0%, whereas shares owned by institutional owners are 98.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 5.37%.

Washington Prime Group Inc Cmn (NYSE:WPG) 52-week high price stands at $14.15 and low price stands at $7.31, its price distance from 52-week high is -38.3% while its distance from 52-week low price is 19.43%. The stock hit its 52-week high on 09/02/16, and 52-week low on 05/17/17.

Washington Prime Group Inc Cmn (NYSE:WPG)’s trailing twelve month revenues are $819.3 Million, whereas its price to sales ratio for the same period is 1.99. Its book value per share for the most recent quarter is $5.07 while its price to book ratio for the same period is 1.72, as for as the company’s cash per share for the most recent quarter is $0.41, however its price to cash per share ratio for the same period is 21.24. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 10.99.