First Industrial Realty Trust, with ticker code (FR) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 74 and 55 and has a mean target at 62.08. Given that the stocks previous close was at 55.62 this would indicate that there is a potential upside of 11.6%. The 50 day moving average now sits at 49.83 while the 200 day moving average is 57.3. The company has a market capitalisation of $7,343m. You can visit the company’s website by visiting: https://www.firstindustrial.com
The potential market cap would be $8,196m 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.
