Analysts have been eager to weigh in on the Real Estate sector with new ratings on First Industrial Realty (FR – Research Report), Dream Office Real Estate Investment (DRETF – Research Report) and Tanger Factory (SKT – Research Report).
First Industrial Realty (FR)
RBC Capital analyst Michael Carroll maintained a Buy rating on First Industrial Realty yesterday and set a price target of $60.00. The company’s shares closed last Thursday at $54.33, close to its 52-week high of $55.23.
According to TipRanks.com, Carroll is a 4-star analyst with an average return of
Currently, the analyst consensus on First Industrial Realty is a Moderate Buy with an average price target of $56.80, which is a 4.5% upside from current levels. In a report issued on February 7, Truist Financial also maintained a Buy rating on the stock with a $57.00 price target.
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Dream Office Real Estate Investment (DRETF)
In a report released today, Mario Saric from Scotiabank maintained a Hold rating on Dream Office Real Estate Investment, with a price target of C$11.00. The company’s shares closed last Wednesday at $6.56.
According to TipRanks.com, Saric is ranked #374 out of 8732 analysts.
Dream Office Real Estate Investment has an analyst consensus of Hold, with a price target consensus of $8.39, implying a 28.6% upside from current levels. In a report released today, Canaccord Genuity also maintained a Hold rating on the stock with a C$7.00 price target.
Tanger Factory (SKT)
Scotiabank analyst Greg McGinniss maintained a Sell rating on Tanger Factory today and set a price target of $20.00. The company’s shares closed last Thursday at $27.70, close to its 52-week high of $28.77.
According to TipRanks.com, McGinniss is a 2-star analyst with an average return of
Currently, the analyst consensus on Tanger Factory is a Hold with an average price target of $25.50.
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Read More on FR:
- First Industrial Realty Trust Revamps Executive Bonus Framework
- First Industrial Realty sees 2024 adjusted FFO $2.56-$2.66, consensus $2.61
- First Industrial Realty reports Q4 FFO with items 63c, consensus 62c
- First Industrial Realty Trust Reports Fourth Quarter and Full Year 2023 Results
- FR Earnings Report this Week: Is It a Buy, Ahead of Earnings?