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UBS Sticks to Their Hold Rating for Federal Realty (FRT)

Tipranks - Tipranks - Fri Jan 9, 6:08AM CST

In a report released today, Michael Goldsmith from UBS maintained a Hold rating on Federal Realty, with a price target of $103.00.

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According to TipRanks, Goldsmith is a 2-star analyst with an average return of 0.1% and a 43.75% success rate. Goldsmith covers the Real Estate sector, focusing on stocks such as Welltower, Americold Realty, and Essex Property.

Currently, the analyst consensus on Federal Realty is a Moderate Buy with an average price target of $110.88.

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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

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