First Industrial Realty Trust, – Consensus Indicates Potential 38.7% Upside

Broker Ratings
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First Industrial Realty Trust, with ticker code (FR) now have 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 calculating the mean target price we have 70.17. Given that the stocks previous close was at 50.59 this would indicate that there is a potential upside of 38.7%. The day 50 moving average is 59.93 and the 200 moving average now moves to 58.81. The company has a market cap of $6,762m. Visit the company website at: https://www.firstindustrial.com

The potential market cap would be $9,380m 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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