First Industrial Realty Trust, with ticker code (FR) now have 10 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 65 and 49 with the average target price sitting at 56.7. Given that the stocks previous close was at 52.42 this indicates there is a potential upside of 8.2%. The day 50 moving average is 49.81 and the 200 moving average now moves to 50.52. The market cap for the company is $7,216m. You can visit the company’s website by visiting: https://www.firstindustrial.com
The potential market cap would be $7,805m 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.
