First Industrial Realty Trust, with ticker code (FR) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 76 and 54 with a mean TP of 66.54. Given that the stocks previous close was at 57.81 this now indicates there is a potential upside of 15.1%. The 50 day moving average now sits at 59.72 and the 200 day MA is 57.42. The market capitalisation for the company is $7,688m. Company Website: https://www.firstindustrial.com
The potential market cap would be $8,849m 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.
