First Industrial Realty Trust, – Consensus Indicates Potential 32.4% Upside

Broker Ratings
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First Industrial Realty Trust, found using ticker (FR) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 75 and 55 with a mean TP of 62.09. Given that the stocks previous close was at 46.89 this is indicating there is a potential upside of 32.4%. The 50 day moving average now sits at 49.88 and the 200 moving average now moves to 57.68. The market capitalisation for the company is $6,372m. Visit the company website at: https://www.firstindustrial.com

The potential market cap would be $8,437m 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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