First Industrial Realty Trust, – Consensus Indicates Potential 5.4% Upside

Broker Ratings
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First Industrial Realty Trust, found using ticker (FR) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 76 and 54 with a mean TP of 65.79. With the stocks previous close at 62.41 this would indicate that there is a potential upside of 5.4%. The 50 day moving average now sits at 62.44 and the 200 day MA is 55.41. The company has a market capitalisation of $8,057m. Company Website: https://www.firstindustrial.com

The potential market cap would be $8,493m 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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