Franklin Street Properties Corp with ticker code (FSP) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 3.5 and 1.75 calculating the mean target price we have $2.63. Now with the previous closing price of $1.21 this would indicate that there is a potential upside of 117.4%. It’s also worth noting that there is a 50 day moving average of $1.88 while the 200 day moving average is $2.71. The market capitalization for the company is $122m. Visit the company website at: https://www.fspreit.com
The potential market cap would be $265m based on the market consensus.
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets. FSP seeks value-oriented investments with an eye towards long-term growth and appreciation, as well as current income. FSP is a Maryland corporation that operates in a manner intended to qualify as a real estate investment trust (REIT) for federal income tax purposes.
The company has a dividend yield of 3.31% with the ex dividend date set at 20-4-2023 (DMY).
Other points of data to note are a P/E ratio of 118, revenue per share of 1.6 and a 0.02% return on assets.
