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Analysts Conflicted on These Real Estate Names: First Industrial Realty (FR) and Hang Lung Properties (OtherHLPPF)

Tipranks - Tipranks - Wed Jul 29, 5:26AM CDT

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on First Industrial Realty (FR) and Hang Lung Properties (HLPPF).

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First Industrial Realty (FR)

Citi analyst Craig Mailman maintained a Hold rating on First Industrial Realty today and set a price target of $72.00. The company’s shares closed last Monday at $66.46.

Mailman has an average return of 30.5% when recommending First Industrial Realty. ;'>

According to TipRanks.com, Mailman is ranked #3688 out of 12402 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Industrial Realty with a $71.71 average price target, which is a 6.9% upside from current levels. In a report issued on July 22, Goldman Sachs also maintained a Hold rating on the stock with a $68.00 price target.

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Hang Lung Properties (HLPPF)

In a report released today, Jeff Yau from DBS maintained a Buy rating on Hang Lung Properties, with a price target of HK$10.38. The company’s shares closed last Monday at $1.16.

Yau has an average return of 13.7% when recommending Hang Lung Properties. ;'>

According to TipRanks.com, Yau is ranked #963 out of 12402 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hang Lung Properties with a $1.37 average price target.

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