Franklin Street Properties Corp found using ticker (FSP) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 7 and 6.5 with the average target price sitting at 6.83. Given that the stocks previous close was at 5.54 this would indicate that there is a potential upside of 23.3%. The 50 day moving average now sits at 5.98 and the 200 day MA is 5.32. The market cap for the company is $584m. Company Website: https://www.fspreit.com
The potential market cap would be $720m 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.
