Research analysts at Wells Fargo & Company started coverage on shares of FrontView REIT (NYSE:FVR - Get Free Report) in a research report issued on Monday, Marketbeat reports. The firm set an "overweight" rating and a $22.00 price target on the stock. Wells Fargo & Company's price objective suggests a potential upside of 14.97% from the company's current price.
FVR has been the subject of several other reports. Morgan Stanley initiated coverage on shares of FrontView REIT in a research report on Monday. They set an "overweight" rating and a $23.00 target price for the company. Bank of America initiated coverage on shares of FrontView REIT in a research report on Monday. They set a "buy" rating and a $22.00 target price for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of FrontView REIT in a research report on Monday. They set an "overweight" rating and a $21.00 target price for the company.
Check Out Our Latest Stock Analysis on FVR
FrontView REIT Price Performance
Shares of FVR traded down $0.30 during mid-day trading on Monday, hitting $19.14. 190,002 shares of the company traded hands, compared to its average volume of 364,408. FrontView REIT has a 1 year low of $18.25 and a 1 year high of $19.76.
Insiders Place Their Bets
In other news, CEO Stephen Preston purchased 3,540 shares of the company's stock in a transaction on Tuesday, October 15th. The stock was acquired at an average cost of $18.74 per share, for a total transaction of $66,339.60. Following the completion of the transaction, the chief executive officer now directly owns 3,640 shares in the company, valued at $68,213.60. This trade represents a 3,500.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CEO Stephen Preston bought 3,540 shares of the stock in a transaction dated Tuesday, October 15th. The shares were purchased at an average price of $18.74 per share, with a total value of $66,339.60. Following the completion of the acquisition, the chief executive officer now owns 3,640 shares of the company's stock, valued at $68,213.60. This represents a 3,500.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Alyeska Investment Group, L.P. sold 336,246 shares of the business's stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of $18.32, for a total transaction of $6,160,026.72. Following the completion of the transaction, the insider now directly owns 1,467,012 shares in the company, valued at $26,875,659.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here.
About FrontView REIT
(
Get Free Report)
FrontView REIT specializes in real estate investing.
Recommended Stories
Before you consider FrontView REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FrontView REIT wasn't on the list.
While FrontView REIT currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
