First Industrial Realty Trust (FR) Stock Forecast & Price Target

$54.72

-1.18 (-2.11%)

(As of 10/17/2024 ET)

First Industrial Realty Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 12 Analyst Ratings

Sell
1

Hold
4

Buy
7

Based on 12 Wall Street analysts who have issued ratings for First Industrial Realty Trust in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 1 has given a sell rating, 4 have given a hold rating, and 7 have given a buy rating for FR.

Consensus Price Target

$57.92
5.84% Upside

According to the 12 analysts' twelve-month price targets for First Industrial Realty Trust, the average price target is $57.92. The highest price target for FR is $64.00, while the lowest price target for FR is $49.00. The average price target represents a forecasted upside of 5.84% from the current price of $54.72.

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FR Analyst Ratings Over Time

Type	Current Forecast 10/18/23 to 10/17/24	1 Month Ago 9/18/23 to 9/17/24	3 Months Ago 7/20/23 to 7/19/24	1 Year Ago 10/18/22 to 10/18/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)	4 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$57.92	$56.46	$53.42	$55.75
Forecasted Upside	5.84% Upside	0.14% Upside	0.03% Upside	28.10% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Hold

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FR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

First Industrial Realty Trust Stock vs. The Competition

Type	First Industrial Realty Trust	Finance Companies	S&P 500
Consensus Rating Score	2.50	2.47	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	5.84% Upside	11.54% Upside	6.31% Upside
News Sentiment Rating	Positive News See Recent FR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/10/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$52.00 ➝ $56.00	+3.63%
9/5/2024	Mizuho 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$58.00 ➝ $62.00	+9.44%
8/28/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$50.00 ➝ $61.00	+7.51%
8/26/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$55.00 ➝ $58.00	+2.22%
8/13/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Department Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$64.00	+20.71%
8/5/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$54.00 ➝ $60.00	+15.07%
Get the Latest News and Ratings for FR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for First Industrial Realty Trust and its competitors with MarketBeat's FREE daily newsletter.
7/31/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$53.00 ➝ $60.00	+7.87%
7/30/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$57.00 ➝ $60.00	+10.56%
7/26/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sell ➝ Sell	$46.00 ➝ $52.00	-2.13%
6/4/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$57.00	+22.08%
5/1/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$62.00 ➝ $56.00	+23.24%
4/25/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Anderson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$59.00 ➝ $49.00	+6.45%
10/11/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Sector Weight ➝ Underweight	$42.00	-10.77%
9/14/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
7/19/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$57.00	+8.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:48 PM ET.

FR Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for First Industrial Realty Trust is $57.92, with a high forecast of $64.00 and a low forecast of $49.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Industrial Realty Trust in the last year. There is currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FR shares.
: According to analysts, First Industrial Realty Trust's stock has a predicted upside of 5.84% based on their 12-month stock forecasts.
: Over the previous 90 days, First Industrial Realty Trust's stock had 1 upgrade by analysts.
: First Industrial Realty Trust has been rated by research analysts at Barclays, JPMorgan Chase & Co., Mizuho, Royal Bank of Canada, Scotiabank, The Goldman Sachs Group, Truist Financial, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like First Industrial Realty Trust more than other "finance" companies. The consensus rating for First Industrial Realty Trust is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how FR compares to other companies.

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This page (NYSE:FR) was last updated on 10/17/2024 by MarketBeat.com Staff

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