First Industrial Realty Trust, – Consensus Indicates Potential 10.1% Upside

Broker Ratings
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First Industrial Realty Trust, found using ticker (FR) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 75 and 62 with a mean TP of 67.83. Now with the previous closing price of 61.59 this is indicating there is a potential upside of 10.1%. The 50 day MA is 59.81 while the 200 day moving average is 58.47. The company has a market cap of $8,379m. Company Website: https://www.firstindustrial.com

The potential market cap would be $9,228m based on the market concensus.

First Industrial Realty Trust (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.

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