Stifel Nicolaus Sticks to Its Hold Rating for Federal Realty (FRT)
In a report released today, Simon Yarmak from Stifel Nicolaus maintained a Hold rating on Federal Realty, with a price target of $104.50.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Yarmak covers the Real Estate sector, focusing on stocks such as Realty Income, SmartStop Self Storage REIT, Inc., and Host Hotels & Resorts. According to TipRanks, Yarmak has an average return of 8.7% and a 56.80% success rate on recommended stocks.
In addition to Stifel Nicolaus, Federal Realty also received a Hold from Truist Financial’s Michael Lewis in a report issued on December 2. However, on December 1, BMO Capital maintained a Buy rating on Federal Realty (NYSE: FRT).
Based on Federal Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $322.86 million and a net profit of $61.65 million. In comparison, last year the company earned a revenue of $303.63 million and had a net profit of $60.95 million
Read More on FRT:
Disclaimer & DisclosureReport an Issue
- Federal Realty price target raised to $109 from $105 at Truist
- Federal Realty announces acquisition of Village Pointe for $153.3M
- Amazon downgraded, Alphabet upgraded: Wall Street’s top analyst calls
- Federal Realty downgraded to Equal Weight from Overweight at Barclays
- Federal Realty price target raised to $113 from $108 at BofA
