# First Industrial Realty Trust, Inc. – Consensus ‘buy’ rating and 34.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-industrial-realty-trust-inc.consensus-buy-rating-and-34.2-upside-potential/4121130904
- Published: 2023-10-26T15:03:11+01:00
- Author: Charlotte Edwards

**First Industrial Realty Trust, Inc.** which can be found using ticker (FR) have
now 13 confirmed analysts covering the stock with the consensus suggesting a rating
of ‘buy’. The target price High/Low ranges between 65 and 42 suggesting an average
Analsyt target price of $56.15. Given that the stocks previous close was at $41.83
this now indicates there is a potential upside of 34.2%. The 50 day MA is $48.46
and the 200 day MA is $51.37. The company has a market cap of 5.53B. The stock price
is currently at: 40.74 USD

 The potential market cap would be $7,420,349,813 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 16.98, revenue per share of 4.57
and a 3.03% return on assets.

First Industrial Realty Trust, Inc. is a self-administered and fully integrated 
real estate company. The Company owns, manages, acquires, sells, develops, and redevelops
industrial real estate. The Company manages, leases, buys, (re) develops, and sells
bulk and regional distribution centers, light industrial, and other industrial facility
types. The Company owns approximately 426 industrial properties, of which 416 are
classified as in-service. The 416 in-service industrial properties contained an 
aggregate of approximately 62.9 million square feet of gross leasable area (GLA)
in 18 states, with a diverse base of tenants engaged in a wide variety of businesses,
including e-commerce, third-party logistics and transportation, consumer and other
manufactured products, retail and consumer services, food and beverage, lumber and
building materials, wholesale goods, health services, governmental and other.

Share on: