First Industrial Realty Trust, – Consensus Indicates Potential 24.6% Upside

Broker Ratings
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First Industrial Realty Trust, with ticker code (FR) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 83 and 62 and has a mean target at 70. Now with the previous closing price of 56.17 this indicates there is a potential upside of 24.6%. The day 50 moving average is 60.39 and the 200 day MA is 58.86. The company has a market cap of $7,391m. Company Website: https://www.firstindustrial.com

The potential market cap would be $9,210m 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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