Stifel Nicolaus Remains a Hold on Federal Realty (FRT)
Stifel Nicolaus analyst Simon Yarmak maintained a Hold rating on Federal Realty today and set a price target of $118.75.
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According to TipRanks, Yarmak is a 5-star analyst with an average return of 7.4% and a 61.54% success rate. Yarmak covers the Real Estate sector, focusing on stocks such as Chatham Lodging, EPR Properties, and Diamondrock.
In addition to Stifel Nicolaus, Federal Realty also received a Hold from UBS’s Michael Goldsmith in a report issued on May 18. However, today, BMO Capital reiterated a Buy rating on Federal Realty (NYSE: FRT).
Based on Federal Realty’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $341.08 million and a net profit of $159.1 million. In comparison, last year the company earned a revenue of $309.15 million and had a net profit of $63.77 million
Read More on FRT:
Disclaimer & DisclosureReport an Issue
- Federal Realty Reaffirmed at Buy as Sanabria Sees Compelling Valuation and 5%–7.5% FFO Growth Despite Price Target Cut to $120
- Federal Realty price target raised to $128 from $118 at Scotiabank
- Federal Realty price target raised to $118 from $103 at UBS
- Federal Realty price target raised to $124 from $115 at JPMorgan
- Federal Realty Buy Rating Reaffirmed as Growth Outlook Improves; $125 Price Target Maintained
