Franklin Street Properties Corp found using ticker (FSP) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 6.5 and 6 with a mean TP of 6.33. With the stocks previous close at 5.37 this would indicate that there is a potential upside of 17.9%. The 50 day moving average now sits at 5.71 while the 200 day moving average is 5.43. The market capitalisation for the company is $544m. You can visit the company’s website by visiting: https://www.fspreit.com
The potential market cap would be $642m based on the market concensus.
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.