First Industrial Realty Trust, Inc. Share Price Target ‘$58.06’, now 14.4% Upside Potential

Broker Ratings
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First Industrial Realty Trust, Inc. which can be found using ticker (FR) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $64.00 and $42.00 calculating the mean target share price we have $58.06. (at the time of writing). Given that the stocks previous close was at $50.73 this is indicating there is a potential upside of 14.4%. The 50 day MA is $53.14 and the 200 day MA is $51.71. The market cap for the company is 6.87B. Currently the stock stands at: $50.52 USD

The potential market cap would be $7,863,233,559 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.78, revenue per share of $4.95 and a 3.23% return on assets.

First Industrial Realty Trust, Inc. is a self-administered and fully integrated real estate company. The Company owns, manages, acquires, sells, develops, and redevelops industrial real estate. The Company manages, leases, buys, (re) develops, and sells bulk and regional distribution centers, light industrial, and other industrial facility types. The Company owns approximately 426 industrial properties, of which 416 are classified as in-service. The 416 in-service industrial properties contained an aggregate of approximately 62.9 million square feet of gross leasable area (GLA) in 18 states, with a diverse base of tenants engaged in a wide variety of businesses, including e-commerce, third-party logistics and transportation, consumer and other manufactured products, retail and consumer services, food and beverage, lumber and building materials, wholesale goods, health services, governmental and other.

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