Analysts Have Conflicting Sentiments on These Real Estate Companies: First Industrial Realty (FR) and New World Development (OtherNWWDF)
Analysts have been eager to weigh in on the Real Estate sector with new ratings on First Industrial Realty (FR – Research Report) and New World Development (NWWDF – Research Report).
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First Industrial Realty (FR)
RBC Capital analyst Michael Carroll maintained a Buy rating on First Industrial Realty today and set a price target of $60.00. The company’s shares closed last Friday at $51.37.
According to TipRanks.com, Carroll is a 4-star analyst with an average return of
Currently, the analyst consensus on First Industrial Realty is a Moderate Buy with an average price target of $56.38.
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New World Development (NWWDF)
DBS analyst Jeff Yau maintained a Hold rating on New World Development today and set a price target of HK$7.02. The company’s shares closed last Tuesday at $0.85.
According to TipRanks.com, Yau is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for New World Development with a $0.67 average price target, representing a -21.0% downside. In a report issued on September 27, Goldman Sachs also maintained a Hold rating on the stock with a HK$6.00 price target.
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