Wells Fargo Keeps Their Hold Rating on First Industrial Realty (FR)
In a report released on October 10, Blaine Heck from Wells Fargo maintained a Hold rating on First Industrial Realty, with a price target of $53.00. The company’s shares closed last Friday at $50.26.
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According to TipRanks, Heck is a 2-star analyst with an average return of 0.5% and a 54.43% success rate. Heck covers the Real Estate sector, focusing on stocks such as Eastgroup Properties, Stag Industrial, and Cousins Properties.
In addition to Wells Fargo, First Industrial Realty also received a Hold from Cantor Fitzgerald’s Richard Anderson in a report issued on October 1. However, on October 11, TR | OpenAI – 4o reiterated a Buy rating on First Industrial Realty (NYSE: FR).
FR market cap is currently $6.86B and has a P/E ratio of 24.58.
Read More on FR:
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- FR Earnings this Week: How Will it Perform?
- First Industrial Realty initiated with a Neutral at Cantor Fitzgerald
- First Industrial Realty price target raised to $56 from $53 at Mizuho
- First Industrial Realty price target raised to $54 from $51 at Scotiabank
- First Industrial Realty Announces New Equity Offering
