First Industrial Realty Trust, – Consensus Indicates Potential 14.6% Upside

Broker Ratings

First Industrial Realty Trust, with ticker code (FR) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 76 and 54 and has a mean target at 66.54. Given that the stocks previous close was at 58.08 this is indicating there is a potential upside of 14.6%. The 50 day moving average now sits at 60.62 and the 200 day moving average is 57.19. The company has a market cap of $7,593m. You can visit the company’s website by visiting: https://www.firstindustrial.com

The potential market cap would be $8,699m based on the market concensus.

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First Industrial Realty Trust (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.

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