FrontView REIT (NYSE:FVR - Get Free Report) had its price objective dropped by investment analysts at Wells Fargo & Company from $22.00 to $20.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Wells Fargo & Company's target price points to a potential upside of 12.17% from the company's current price.
A number of other analysts also recently issued reports on the company. Capital One Financial initiated coverage on FrontView REIT in a research report on Tuesday, November 12th. They set an "overweight" rating and a $22.00 price objective for the company. Bank of America initiated coverage on shares of FrontView REIT in a research note on Monday, October 28th. They issued a "buy" rating and a $22.00 price target for the company. JPMorgan Chase & Co. began coverage on shares of FrontView REIT in a report on Monday, October 28th. They set an "overweight" rating and a $21.00 price target for the company. Finally, Morgan Stanley reduced their price objective on shares of FrontView REIT from $23.00 to $22.00 and set an "overweight" rating on the stock in a report on Friday, January 3rd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, FrontView REIT has a consensus rating of "Buy" and an average price target of $21.40.
Check Out Our Latest Analysis on FrontView REIT
FrontView REIT Stock Down 0.2 %
Shares of FrontView REIT stock traded down $0.03 during trading hours on Monday, reaching $17.83. 27,225 shares of the company's stock were exchanged, compared to its average volume of 190,309. The firm has a fifty day moving average price of $18.06. FrontView REIT has a 1 year low of $15.30 and a 1 year high of $19.76.
Hedge Funds Weigh In On FrontView REIT
Large investors have recently modified their holdings of the business. Nisa Investment Advisors LLC acquired a new stake in shares of FrontView REIT in the fourth quarter valued at about $73,000. Exchange Traded Concepts LLC purchased a new stake in FrontView REIT during the fourth quarter worth $535,000. Charles Schwab Investment Management Inc. acquired a new stake in FrontView REIT in the fourth quarter valued at $754,000. Bank of New York Mellon Corp purchased a new position in shares of FrontView REIT in the fourth quarter valued at $563,000. Finally, Rhumbline Advisers acquired a new position in shares of FrontView REIT during the 4th quarter worth $295,000.
FrontView REIT Company Profile
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FrontView REIT specializes in real estate investing.
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