FrontView REIT (NYSE:FVR - Get Free Report) had its target price reduced by analysts at Wells Fargo & Company from $20.00 to $19.00 in a research note issued to investors on Friday, Marketbeat Ratings reports. The brokerage presently has an "overweight" rating on the stock. Wells Fargo & Company's price objective indicates a potential upside of 32.05% from the company's current price.
Separately, Morgan Stanley decreased their target price on FrontView REIT from $23.00 to $22.00 and set an "overweight" rating on the stock in a report on Friday, January 3rd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $21.20.
Check Out Our Latest Stock Analysis on FrontView REIT
FrontView REIT Stock Performance
Shares of FVR stock traded down $0.25 during trading hours on Friday, hitting $14.39. 113,852 shares of the company's stock were exchanged, compared to its average volume of 257,640. The company has a 50-day moving average price of $16.89. FrontView REIT has a 52 week low of $13.98 and a 52 week high of $19.76.
Hedge Funds Weigh In On FrontView REIT
Hedge funds have recently added to or reduced their stakes in the stock. Summit Investment Advisors Inc. acquired a new position in FrontView REIT in the fourth quarter valued at about $27,000. Tower Research Capital LLC TRC bought a new position in shares of FrontView REIT during the fourth quarter worth about $34,000. Nisa Investment Advisors LLC bought a new position in shares of FrontView REIT during the fourth quarter worth about $73,000. Quantbot Technologies LP bought a new position in shares of FrontView REIT during the fourth quarter worth about $114,000. Finally, SG Americas Securities LLC bought a new position in shares of FrontView REIT during the fourth quarter worth about $119,000.
FrontView REIT Company Profile
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FrontView REIT specializes in real estate investing.
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