First Industrial Realty Trust, with ticker code (FR) now have 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 and has a mean target at 66.69. Given that the stocks previous close was at 57.19 this now indicates there is a potential upside of 16.6%. The 50 day moving average now sits at 61.77 and the 200 day moving average is 56.78. The company has a market cap of $7,577m. Company Website: https://www.firstindustrial.com
The potential market cap would be $8,836m 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.
