First Industrial Realty Trust, with ticker code (FR) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 81 and 55 with a mean TP of 64. Given that the stocks previous close was at 48.03 this would indicate that there is a potential upside of 33.3%. The 50 day MA is 50.74 while the 200 day moving average is 57.81. The company has a market cap of $6,329m. Company Website: https://www.firstindustrial.com
The potential market cap would be $8,434m 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.
