First Industrial Realty Trust, – Consensus Indicates Potential 22.7% Upside

Broker Ratings
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First Industrial Realty Trust, with ticker code (FR) have now 11 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 74 and 55 calculating the mean target price we have 61.45. Now with the previous closing price of 50.07 this now indicates there is a potential upside of 22.7%. The day 50 moving average is 51.54 and the 200 moving average now moves to 56.28. The market capitalisation for the company is $6,523m. Find out more information at: https://www.firstindustrial.com

The potential market cap would be $8,006m 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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