Franklin Street Properties Corp which can be found using ticker (FSP) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 3.5 and 1.75 calculating the average target price we see $2.63. Given that the stocks previous close was at $1.56 this indicates there is a potential upside of 68.6%. It’s also worth noting that there is a 50 day moving average of $2.39 and the 200 moving average now moves to $2.92. The market cap for the company is $156m. Visit the company website at: https://www.fspreit.com
The potential market cap would be $263m 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 7.64% with the ex dividend date set at 26-1-2023 (DMY).
Other points of data to note are a P/E ratio of 151, revenue per share of 1.6 and a 0.02% return on assets.
