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Mizuho Securities Sticks to Their Hold Rating for Federal Realty (FRT)

Tipranks - Sat Jan 10, 4:32AM CST

Mizuho Securities analyst Haendel St. Juste maintained a Hold rating on Federal Realty yesterday and set a price target of $105.00. The company’s shares closed yesterday at $102.80.

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St. Juste covers the Real Estate sector, focusing on stocks such as Invitation Homes, American Homes, and Agree Realty. According to TipRanks, St. Juste has an average return of 3.3% and a 50.91% success rate on recommended stocks.

Federal Realty has an analyst consensus of Moderate Buy, with a price target consensus of $110.46, a 7.45% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a $103.00 price target.

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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